Tag: Tally Solutions

GST: Rising cost of compliance to hurt SMEs the most

Drawing a stark comparison between incomes and expenditure of Indian citizens, Finance Minister Arun Jaitley in the Union budget speech implied that tax evasion is a serious problem in the county. He said, “The number of people showing income more than Rs 50 lakh in the entire country is only 1.7…

GST: Traders for no linkage of input tax credit & tax payment

Traders across the country have urged the government to remove the linkage of input tax credit with payment of tax from the Goods and Services Tax (GST) clause. The indirect tax reform is scheduled to be implemented from July 1, 2017 and is likely to cover over six million businesses under the GS…

These 34 companies will make your GST play less taxing

The Goods and Services Tax Network (GSTN) which is building the technological infrastructure for the implementation of GST, has finalised 34 companies as the GST Suvidha Providers (GSPs), which will offer support and services to help tax payers and businesses in compliance. The GSTN had released …