Centre should reduce the Goods and Services Tax (GST) on the sector, allocate more funds for skill development, and provide incentives to invest in sustainable tourism. Currently, different services in hotels and restaurants attract different GST slabs. FHRAI said that a 12 per cent rate should be imposed across all categories.
Noida, Jul 21 (PTI) Real estate developers in Noida and Greater Noida in western Uttar Pradesh expect the first Budget of the Modi 3.0 government to accord ‘industry status’ to their sector for easier access to funds, and address woes related to GST, including the 28 per cent taxation on cement.
One thought on “THE FINANCE BILL (NO. 2), 2024 (BILL No. 55 OF 2024)”
2024 BUDGET IS GOOD FOR MEDIUM AND POOR PEOPLE COMMUNITY
2024 BUDGET IS GOOD FOR MEDIUM AND POOR PEOPLE COMMUNITY