Government’s Plan To Curb GST Credit Could Squeeze New Firms
Torn Indian rupee banknotes are displayed outside a store in the Zaveri Bazaar area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Government’s Plan To Curb GST Credit Could Squeeze New Firms

The government’s efforts to curb goods and services tax evasion may make life difficult for newly incorporated firms.The GST Council approved restrictions on availing input tax credit—what business...
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