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8 Ways to improve your leadership skills
Leaders are the heralds of growth, advancement, and success of an organization. They are accredited for its non-performance. In addition...
What is GST? What do you need to learn about it?
Goods and Service Tax
GST stands for Goods and Services Tax, and its introduction in 2017 was a watershed in the history of Indian finance and economy. It took one and half a decade to come into existence since the task force (set by the former Prime Minister AB Vajpayee in 2003) mooted the idea of unification of a plethora of indirect taxes that were prevalent in India then. However, after prolonged deliberation and enactment, GST was rolled out on 1 July 2017 by Honourable Prime Minister Narendra Modi in the presence of Shri. Pranab Mukherjee, the then President of India in a mid-night function at the Central Hall of Parliament of India. Thus, the idea “One Nation, One Tax” is fulfilled.
Characteristics of GST
Goods and Services Tax is a multifaceted, and it is comprehensive destination-based taxation where tax is levied only on the value addition of every stage of goods and services. Upgrade to Basic Plan to unlock this content!This content is locked
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"What is GST? What do you need to learn about it?." Skillioma [Online]. Available: https://www.skillioma.com/what-is-gst-what-do-you-need-to-learn-about-it/. [Accessed: May 20, 2022]
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