Multinational fast food and hotel chains and tech companies that operate through franchisee models in India have come under the taxman’s lens over their royalty income with the indirect tax department questioning the nature of agreement with their franchisees and demanding higher GST.
Source: indiatimes.com
Latest Posts in "India"
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs
