September 28, 2026
Business

Tax credit woes: Tractor makers, insurers, fertilizer firms seek faster refunds(Soban News)

Tractor and fertilizer companies are requesting quicker GST refunds due to tax rate cuts effective 22 September, which will hinder their ability to recover taxes from consumers. Insurance firms are also seeking clarity on tax credits as individual health and life policies become GST exempt.

​Tractor and fertilizer companies are requesting quicker GST refunds due to tax rate cuts effective 22 September, which will hinder their ability to recover taxes from consumers. Insurance firms are also seeking clarity on tax credits as individual health and life policies become GST exempt. by Soban News (international And National News)

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