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1% tax for traders who accept composition plan with turnover of up to Rs 1.5 cr: Amit Shah

1% tax for traders who accept composition plan with turnover of up to Rs 1.5 cr: Amit Shah

Last Updated: Jan 11 2019 | 7:36 PM IST

New Delhi, Jan 11 (ANI): Bharatiya Janata Party's (BJP) National Council meeting began at Ramlila Ground on Friday. Prime Minister Narendra Modi, BJP President Amit Shah, Rajnath Singh, Sushma Swaraj, Murali Manohar Joshi, LK Advani along with other party leaders and workers attended the event. Speaking at the event, Amit Shah said that the traders who accept composition plan with turnover of up to Rs 1.5 crore will have to pay only 1% tax. This is a big decision for millions of small businessmen and small industries.