GST News Feed

GST will boost competitiveness of MSMEs: Study

GST will boost competitiveness of MSMEs: Study

The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ashvin Parekh Advisory Services (APAS). “From a MSM…

What GST means for small businesses & start-ups

One of the underlying principles of the GST has been to reduce the layers of taxation and complexity for small businesses so that such entities can focus more on their core business rather than worry about compliance. One of the many benefits of goods and services tax (GST) is that it is aligned …