📢 Big relief for biz community! 💼💪 📈 The government may raise GST prosecution threshold to Rs 3 crore!! 📈

💼 The Centre is mulling a rise in the GST payment threshold to Rs 3 crore from Rs 2 crore for prosecution related to tax evasion, in a bid order to promote the ease of doing business.

🚀 The Central Board of Indirect Taxes and Customs (CBIC) may also tighten the conditions for issuing summons to specific conditions, the people said. 📣 Industry feedback claiming that current provisions are harsh has prompted the review. 📣