10 Things You Need To Know About GST And Its Impact On Your Life
1. PAY ONLY THE LAST POINT OF TAX
2. TAX REDUCTION BENEFIT
3. ALCOHOL, PETROL KEPT OUT
4. BURDEN TO LOWER WITH TIME
5. SERVICE SECTOR TO BE AFFECTED
6. REVISED MANUFACTURING PRICES
7. STOCK MARKET EFFECT
8. EASE OF DOING BUSINESS
9. SMALL BUSINESSES, BIG BENEFIT
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10. TAX COMPLIANCE = HAPPY GOVERNMENT = HAPPY CONSUMERS
The GST is considered to be a structural reform that is not just transformation for our economy, but also beneficial in multiple ways - creation of a better national market; ease of doing business will be enhanced and an improved tax compliance. The GST implementation will lead to in benefits for everyone who is a part of the Indian economy – both businessmen as well as consumers
2. TAX REDUCTION BENEFIT
3. ALCOHOL, PETROL KEPT OUT
4. BURDEN TO LOWER WITH TIME
5. SERVICE SECTOR TO BE AFFECTED
6. REVISED MANUFACTURING PRICES
7. STOCK MARKET EFFECT
8. EASE OF DOING BUSINESS
9. SMALL BUSINESSES, BIG BENEFIT
+
10. TAX COMPLIANCE = HAPPY GOVERNMENT = HAPPY CONSUMERS
The GST is considered to be a structural reform that is not just transformation for our economy, but also beneficial in multiple ways - creation of a better national market; ease of doing business will be enhanced and an improved tax compliance. The GST implementation will lead to in benefits for everyone who is a part of the Indian economy – both businessmen as well as consumers
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