GST Council approves quarterly payment scheme for small businesses
By United One News · AI-generated summary of 2 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
The GST Council has approved an optional quarterly payment scheme that lets small businesses file one annual return while paying tax quarterly.
- Eligible businesses will file only one annual return instead of multiple.
- The scheme applies to small taxpayers with turnover below the threshold.
- Notices for disputed tax amounts up to ₹10,000 will be extinguished.
Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
Annual Return Quarterly Payment scheme for small taxpayers soon
Timeline
First reported by The Hindu BusinessLine on ; 2 articles from 2 outlets so far.
Who is covering this story
- Center (2): The Hindu BusinessLine, Mint