Tag: 2024
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Policy Brief: Budget 2024 for MSMEs
Version : Oct 2023 This policy brief offers insights into the potential implications of the 2024 Budget for Micro, Small, and Medium Enterprises (MSMEs). Key Points: TAX CHANGES The service tax rate will generally increase to 8%, although certain essential services, such as food and beverage, and telecommunications, will continue to be taxed at 6%.…