How small businesses can cope with GST Compliance?

How small businesses can cope with GST Compliance? Small and medium-sized businesses are considered to be the backbone of the Indian Economy as they are contributing largely towards the GDP, export, employment generation, and inclusive growth. Under GST they might…

How GST Works in India

How GST Works in India GST acts as a type of value-added tax and a proposed comprehensive indirect tax levy on manufacture, sale, and consumption of goods as well as services at the national level. It will replace all indirect…

Advantages of GST in India

Advantages of GST in India The implementation of Goods and Service Tax (GST) in India expected to reform the economy and boost exports. GST is regarded as one of the biggest tax reforms. The advantages of GST primarily include simplification…

Advantages of GST

Advantages of GST Goods and Services Tax in India is intended to replace all the indirect taxes levied on goods and services by the Centre and States currently. The tax base would be comprehensive with virtually all goods and services…

GST Advantages for Startups and Small Businesses

GST Advantages¬†for Startups and Small Businesses The Lok Sabha passed the Goods and Services, Tax-GST Bill, on 6th May 2015. The advantages of GST are the ease of doing business and tax structure. The concept of GST mooted and evolved…