5 Things You Need to Know About GST

The Goods and Service tax, popularly known as GST, was ambitiously passed by the parliament in August 2016. There have been quite a lot of speculations about the GST bill .…

The Goods and Service tax, popularly known as GST, was ambitiously passed by the parliament in August 2016. There have been quite a lot of speculations about the GST bill and whether its passing was an economic decision or a political one. Never the less it will have certain inevitable economic impacts on the day to day business operations taking place throughout the country as and when it comes into effect.

A layman is automatically put off by the term “tax” even before he comes to any understanding of it. So it is essential to first comprehen