Businesses navigate new tax law impacting MSE payments!
Mon, Feb 12, 2024 9:56 AM

Businesses navigate new tax law impacting MSE payments!

A Flip by Avya Verma
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Many big and small businesses are playing a cat-and-mouse game. Some are taking an aggressive stance, while most are waiting it out, knocking on the government's doors, as a well-meaning, yet unsettling, law aims to move the wheels of commerce faster. Under the law - Section 43B(h) of the Income Tax Act - whose impact would be felt for the first time this year, a business entity failing to pay.

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