Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR

Under the Goods and Services Tax law, businesses and individuals are required to obtain GST registration if their aggregate turnover is Rs 20 lakh or more. AMRG & Associates Senior Partner Rajat Mohan said this ruling may lead to homemakers, retired persons and freelancers taking GST registration.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3esgpIA