Tag: GDP

NSIC ushers in with GST helpline to help MSMEs undergo transition

NSIC launches GST helpline to help MSMEs undergo transition

National Small Industries Corporation (NSIC) has launched a GST helpline to help MSMEs conduct their business under the new tax regime. The helpline comes as part of the Corporation’s earlier launched GST information campaign. The helpline comes to assist MSMEs undergo the GST transition and unde…

sureshprabhu

GST to double GDP growth in 8-9 years: Suresh Prabhu

Implementation of the goods and services tax (GST) will double the gross domestic product (GDP) in the next 8-9 years, Union Minister for Railways Suresh Prabhu has said. He said, “The GST aims at increasing the number of taxpayers. And, as the tax revenue rises, the GDP will also increase.…

GST will boost GDP-Narayana Murthy

GST to simplify trade & boost GDP growth: Narayana Murthy

Infosys founder N R Narayana Murthy believes the goods and services tax (GST) will simplify trade, boost the economy, and generate jobs. While the GST Network might encounter a few teething problems, that was part of any large implementation, he said in an interview. Q: Do you think implementatio…

AI start-up Halli Labs to enter Google team as first Indian acquisition

Google India steps up programmes for small & medium business firms

Google India is set to expand its programmes that aimed at improving the digital penetration levels of small and medium businesses (SMB) through a range of separate initiatives. According to Google, which released a joint study with KPMG, rising penetration and greater uptake for digital solution…

Arun Jaitley

No excuse for firms not to be ready for GST: Arun Jaitley

Finance Minister said enough time has been given for GST preparation He claimed 6.5 million firms have registered for GST He also said he expected there to be “some challenges” in the short term after the launch Companies have been allowed to file simplified, aggregate tax returns in …

Amitabh-bachchan

Amitabh Bachchan to be the brand ambassador of GST

The government has roped in Bollywood megastar Amitabh Bachchan to promote Goods and Services Tax (GST), ahead of the sweeping tax reform’s implementation scheduled from July 1. The Central Board of Excise and Customs will be making the 74-year-old Bachchan as the brand ambassador for GST. …