Motilal Oswal
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Motilal Oswal
Economy

GST exemption limit doubled to give relief to small businesses

Updated : January 10, 2019 09:15 PM IST

Currently, firms with an annual turnover of up to Rs 20 lakh are exempted from registration under a unified national goods and service tax launched in 2017.
Arun Jaitley said the small companies would have the option to opt out of the GST tax net.
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