MGNREGA
This query is : Resolved
22 February 2021
MGNREGA WORK SERVICE IS EXEMPTED OR NOT
09 July 2024
Under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the work performed under this scheme is primarily aimed at providing employment and livelihood security in rural areas of India. Here are some key points regarding exemptions related to MGNREGA work services:
1. **Exemption from Income Tax:** Wages paid under MGNREGA are exempt from income tax under Section 10(15)(i) of the Income Tax Act, 1961.
2. **Exemption from GST:** Services provided by individuals as part of MGNREGA are exempt from GST (Goods and Services Tax) under Notification No. 12/2017-Central Tax (Rate), dated 28th June 2017.
3. **Other Exemptions:** While wages under MGNREGA are exempt from income tax and the services provided are exempt from GST, there may not be blanket exemptions for other regulatory requirements or obligations unless specifically mentioned in relevant laws or regulations.
Therefore, for most practical purposes related to taxation and GST, MGNREGA work services are exempted. However, specific exemptions and their applicability can vary, so it's advisable to consult with a tax advisor or legal expert for precise guidance tailored to your specific situation or requirements.
1. **Exemption from Income Tax:** Wages paid under MGNREGA are exempt from income tax under Section 10(15)(i) of the Income Tax Act, 1961.
2. **Exemption from GST:** Services provided by individuals as part of MGNREGA are exempt from GST (Goods and Services Tax) under Notification No. 12/2017-Central Tax (Rate), dated 28th June 2017.
3. **Other Exemptions:** While wages under MGNREGA are exempt from income tax and the services provided are exempt from GST, there may not be blanket exemptions for other regulatory requirements or obligations unless specifically mentioned in relevant laws or regulations.
Therefore, for most practical purposes related to taxation and GST, MGNREGA work services are exempted. However, specific exemptions and their applicability can vary, so it's advisable to consult with a tax advisor or legal expert for precise guidance tailored to your specific situation or requirements.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Rent lease agreement
- Entries in AIS regarding sale of units and shares
- SGST balance is there in credit ledger how to adjust for cgst
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
