Dr. Debashis Sanyal quoted in 'Budget 2022: Education Sector seeks Reliefs in line with COVID Effects; Tax Concessions, Digital Infrastructure tops list' - Indian Express Online
Indirect Tax exemption on auxiliary services (rent, food contract, housekeeping, security, transport services) for higher education should be reinstated. On average, this category of expenditure constitutes 25-30 per cent of the cost. GST of 18 percent (on average) enhances cost by 6-7 percent, which is substantially high. If Institutes are exempted, they can pass these benefits to students by reducing fees making higher education more accessible to all. Any form of relaxation in GST will be a great move to ease the current burden.
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