Friday, September 28, 2018

NAA dismisses profiteering complaint against Subway franchisee

NAA dismisses profiteering complaint against Subway franchisee The GST Council had lowered the tax rates on restaurants to 5 percent, without ITC, effective November 15. The tax rate was 18 percent earlier, but the companies could claim credit on taxes paid on the inputs.

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...