Emirati business tycoon plans to acquire Leela Hotels
Al-Habtoor has offered to make the investment through the FDI route and pay the entire debt of the lender institutions that could amount to about USD…
GST panel also cuts 1% tax for small traders and manufacturers
Overall incidence was expected to be lower with the gains of input tax credit eaten up by the restaurants levy is seen to be detrimental for consumers
Air Conditioned hotel and restaurant attracts service tax on 40% of bill
At old service tax rate, the effective rate of taxation came to 4.94 per cent of the food bill and at the higher rate of 14 per cent it comes to 5.6…
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