The much-awaited Goods and Service Tax (GST) Bill will soon be a reality. The central government is taking every possible effort to rollout the new tax regime by July 1, 2017. The tax officials of the central and state governments will this week hold their maiden meeting on devising a formula fo…
Tag: KDK Softwares
Decoding GST: How it will impact Indian start-ups
Even as the government is still deliberating on the list of over 5,000 goods that will be taxed under the upcoming Goods and Services Tax (GST), Indian start-ups have welcomed passage of the Bill, which they feel will simplify conduct of business. Start-ups believe it will simplify taxation in th…
GST to create Rs 36k cr software market in MSME segment
JAIPUR: With the GST expected to be rolled out from September of 2017, there is a scramble among the software providers to have a bigger pie of the MSME segment whose invoicing and tax compliance IT requirements are estimated to create a Rs 36000 crore market. Currently, only 90 lakh dealers out …
Anxious SMEs, start-ups rush for ‘Helpline’ on GST
As the Union Finance Ministry gears itself up for the final rollout of the new uniform goods and services tax (GST) from July, the small businessmen and entrepreneurs are getting anxious about how to cope with the post-rollout scenario. A National Toll Free GST Helpline (1800 103 9271) – se…