Tag: State GST (SGST)

How GST will affect small businesses

“Small business isn’t for the faint of heart. It’s for the brave, the patient and the persistent” Small business will witness a complete transformation of the taxation system once the goods and service tax (GST) comes into effect. The proposed system shall be more transparent, more paperless, but…

Are 3 months enough for industry to prepare for GST, ask experts

The Finance Minister Arun Jaitley-headed GST council on March 16 cleared drafts  of the State GST Bill and the UT GST Bill marking a big step forward in India’s plans for a countrywide rollout of Goods and Services Tax (GST) from July 1. The progress made towards rolling out the Goods and Service…