Earlier, only commercial properties like offices or retail spaces given on rent or lease attracted GST. A tenant, who is registered under the GST, is required to pay Goods and Services Tax at 18 per cent for renting a residential property, according to the new GST rules effective from July 18. The 18 per centContinue reading “GST (Tax) On Rentals? Registered Tenants To Pay 18% Tax On House Rent”
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No GST On Withdrawal Of Cash From Banks, Says Finance Minister: 5 Points
Finance Minister Nirmala Sitharaman in the Rajya Sabha said there is no GST on withdrawal of cash from banks. There is no GST on cash withdrawal from banks, said Finance Minister Nirmala Sitharaman in the Rajya Sabha on Tuesday and GST tax only on bank purchasing cheque book from printer, she added. All states atContinue reading “No GST On Withdrawal Of Cash From Banks, Says Finance Minister: 5 Points”
Cinpra Free Souls Foundation 