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The Epicenter of GST Implementation: Technology

The Epicenter of GST Implementation: Technology

Technology-assisted compliance is not a completely new concept for Indians. Even in 1990s, taxation departments used to administer taxes by way of technology. But, this was at the backend. The major change was introduced when the online return filing concept was introduced for the tax-payers. Many of the computer systems were integrated and finally taxpayers

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Challenges in Claiming Input Tax Credit under GST

Challenges in Claiming Input Tax Credit under GST

The government released the revised version of Model GST law on November 26, 2016. With the roll out of GST, the government is trying to bring the simplified and easier indirect tax reform. Though, we should not forget that every rose has thorns and there are two sides of every coin. This statement holds valid in

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The pain of small Biz owner: How GST law will affect you

The pain of small Biz owner: How GST law will affect you

It’s a celebration time except for the small Businessman! Undoubtedly, the biggest indirect tax reform will be real in few weeks from now. The law makers are leaving no stone unturned so that the right appropriations can be passed. There’s no doubt in this fact that GST will open various gates for the businesses in

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Impact of GST on Business Environment!

“GST will change the ways in which business gets done in India” As of now, we all are sure that the most anticipated indirect tax reform in our country will be implemented soon. The GST council is meeting at regular intervals. The said bye-laws are on the verge of getting final approval.  Soon, the specified

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