Daily Archives: November 11, 2017

IGST relief might be in the cards for foreign banks, MNCs

IGST relief might be in the cards for foreign banks, MNCs

The Indian government is trying to provide some relief to foreign banks and multinationals which are saddled with the additional cost of paying 18% integrated goods and services tax (IGST) on the services provided to their international offices, according to reports. An advisory to this effect may be issued by the tax department in the coming weeks, as under the…

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