Business is the least understood word even by an entrepreneur. Colloquially, ‘business’ is defined as any ‘activity that results in profits’. Is there a larger meaning to the profit making? Is making profit only tangible in results? Can the same be assigned a larger meanin…
Tag: businesses
GST council sets exemption threshold for tax at Rs. 20 lakh
Giving relief to small businesses, the Goods & Services Tax (GST) Council has decided that threshold for exemption for businesses would be an annual turnover of Rs. 20 lakh, while the businesses in the Northeastern and hill states with annual turnover below Rs. 10 lakh would be out of the GST…