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PMEGP SUBSIDY

ANURAGKUMAR YADUKA

PMEGP SUBSIDY GRANTED BY GOVERNMENT , WHETHER IT IS TAXFREE OR TAXABLE IN CASE OF NEW UNIT

PMEGP subsidy for new unit confirmed as tax-free under GST. A query was raised regarding the tax status of a PMEGP subsidy granted by the government for a new unit. The response clarified that the subsidy is tax-free under GST. (AI Summary)
Income Tax
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