What is GST: How will it Change India

GST Bill in India – One Step Towards Simplifying the Muddled Up Tax System The proposed Goods and Services Tax (GST) is said to replace all indirect taxes levied on goods and services by the Government, both Central and States, once it is implemented. The GST will consolidate all State economies. It will be one…

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8 Challenges That Businesses Need To Overcome in the GST Regime

GST, the greatest tax reform since Independence is here. As are the challenges for businesses across the country. Like everything else, all is not smooth sailing for GST and there are some obvious challenges for businesses and end consumers which we will discuss in detail here. Change in Business Software Most businesses use accounting software…

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GST Rollout: What is GST Act 2017?

The GST’s introduction will ensure that all central, state level taxes and levies on all goods and services are subsumed within an integrated tax having two components – central GST and a state GST. Thus there will be a comprehensive and continuous mechanism of tax credits. In a special midnight session in the central hall…

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