Tag: SERVICES

GST figures: Over 10 lakh new registrations approved, another 2 lakh in process

‘Leg-up for SMEs as GST ends tax arbitrage’

The rollout of goods and services tax (GST) is expected to level the playing field for small and medium enterprises (SMEs) by reducing the tax arbitrage. True, at least in the immediate term, compliance costs will shoot up as GST requires registration and filing of returns in multiple states. Als…