Days after several problems being faced by small business enterprises due to GST were raised, the government is set to hold a GST council meeting today; where it is likely to take big decisions.
The government is likely to give some relaxation to small business enterprises and give them leverage of filing their return once in three months; than filing it every month.
It is highly unlike for Government to implement the same for large business enterprises.
The government is also likely to increase the limit of composition scheme from Rs 75 lakh to Rs 1 crore. /Image: PTI/Representational
The meeting is being conducted two days after PM Modi had assured all possible support to the common man for problems and confusions being faced over GST implementation. PM Modi had assured that the government would review the situation and bring about necessary changes.