- Industry body FTCCI organized a Conclave on ‘GST and Globalization’
- They urged the Chief Minister and State Finance Minister to increase the GST registration threshold from Rs 20 lakh to Rs 40 lakh annually
- The president of FTCCI highlighted that previous representations on this issue were unaddressed
- They appealed to the government to consider the increase, as it would support numerous SMEs
- Justice Challa Kodandaram emphasized the importance of a practical approach to enhance compliance.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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