Finance Minister Sitharaman nudges businesses to register for GST, says they're losing clients

Finance Minister Nirmala Sitharaman has urged consumers to always ask for a bill when making a purchase in order to minimize GST evasion. She also called on businesses to register for GST, emphasizing that a transparent tax regime benefits the country. The number of entities registered for GST has surpassed 1.4 crore, but Sitharaman stressed the need for businesses to issue bills to consumers. Several sellers have been encouraging cash payments to avoid paying GST, but Sitharaman emphasized the importance of transparency and contributing to the nation-building process.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xiF01Ve