Budget 2021 Expectations: MSMEs seek lower GST on professional services to benefit from each other

Union Budget 2021-22 Expectations for MSMEs:  In order to encourage MSMEs to leverage professional services for business growth, the government should reduce the GST rate on most of the professional services from 18 per cent currently to 5 per cent, Chandrakant Salunkhe, President, SME Chamber of India and Startups Council of India told Financial Express Online. Services offered by legal prof…