The second helps in GST registration, but comes at an annual cost of ₹ 20,000-25,000. Of course, businesses can cancel it post the registration and don’t have to pay the fee year after year.

If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent. While renting out residential properties remains ...

Chartered Accountant Ashish Karundia, says: "The introduction of the option for ... of Tirumala Balaji Marbles and Granites, ruled that GST registration cannot be refused solely because the ...