How GST is going to Help SMEs
As part of its financial reforms, the NDA government including the finance minister Mr. Arun Jaitley have put their weight behind the long awaited Goods and Services Tax (Bill).
Financial experts, industry bigwigs and SMEs have all been unanimous in their support for a GST regime replacing the existing taxation system. Considering the growing scale and organization of business operations, a taxation reform like the GST will facilitate better trade and business. Here is a look at how GST will impact the small and medium enterprises of the country if and when the bill is finally implemented.