News
GST Impact: As Tirupati temple faces Rs 100 cr tax burden, your religious trip may get expensive
- Date:
- June 19, 2017
- Source:
- First Post
A whopping Rs 50-100 crore Goods and Service Tax (GST) burden stares at the Tirumala Tirupati Devasthanams (TTD) which manages the world’s richest temple of Lord Venkateswara at Tirumala. This is thanks to the flagship tax reform regime of the Modi government – GST – that rolls out from 1 July. The ancient Vaishnavite shrine has all along been exempted from sales tax, wealth tax and income tax bes…