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The central government think tank NITI Aayog has proposed exempting state universities and institutes from goods and services tax (GST) and income-tax to bolster their research and development (R&D) outcomes.
Finance Minister Nirmala Sitharaman may get some satisfaction on limiting the fiscal deficit but a niggling item in her account book is the surge in amount under the head ‘Tax Revenue Raised but Not Realised’. The figures are high enough…
The Hon’ble High Court, Karnataka in the matter ofM/s Rajiv Gandhi University of Health Science v. Principal Additional Director General and Ors. [Writ Petition No.57941 of 2018 dated July 26, 2022] held that Service Tax cannot be levied on affiliation…