GST relaxation for SMEs and more regulatory reforms for FinTech Sector from Budget 2024 : Optimyze Finance LLP
By Kanika Bali As the eagerly awaited Interim Budget 2024 approaches, businesses of all sizes, from individuals to industries, are holding high expectations from the government. “Among them, Small and Medium Enterprises (SMEs) are particularly hopeful for significant relief, primarily in Goods and Services Tax (GST) provisions”, says Kanika Bali, Partner, Optimyze Finance LLP, a new age professional services firm based in UK and India. “A key demand from the SME sector is an increase in the minimum revenue threshold for mandatory GST registration. Experts suggest raising it from Rs...