GST Threshold to be 25 lakhs
REVENUE Secretary Dr. Hasmukh Adhia in a video chat yesterday said that the threshold limit for GST would be around Rs. 25 lakhs. Discussions are on with the States on this limit.
The story goes that when other nations remonstrated with God that he had been very partial to India and had given it disproportionately large natural and human resources, God answered, "To offset these benefits I shall give India-the Indian Government"
- Nani Palkhiwala
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