After, understanding what GST is, let us look at the various tax slabs proposed to be implemented after GST, and also the various products that will come under these. The following table will simplify this for you. There is also a reason section which will explain...
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GST will be implemented on 1st July’17, and it will impact different sectors differently. Some things will see a price rise while some will see a price fall. This will impact a few industries adversely while a few will be boosted. The overall impact will...
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Impact of GST on working capital Working Capital is synonymous to oxygen in any businesses. It is the backbone and support system to any business. A healthy working capital indicates a successful business. With GST being implemented from 1st July, there are various implications on the...
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Having understood what GST is all about, let us look at the implications it might have on e-commerce vendors. Since most of our clients are in the e-commerce space, this will be interesting to read. Read on to find out everything there is to know...
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After learning about GST and its implications, let us look into the depth of GST in India. GST in India will not be a single taxation system but a dual taxation system in which both the state and center will collect tax on a single...
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For many years the average Indian businessman is toiled with incessant payment of taxes at different levels. With the introduction of GST, this cascading effect of tax is eliminated. GST merges all the taxes prevalent presently into a single system of indirect taxation. GST in India...
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Although the final list of items proposed under GST has not been released yet, there is speculation and news regarding a few items. It is surprising to read them under the highest tax bracket of 28%! Comment below to express your views on the same. ...
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GST is going to be implemented on 1st July’17 and this has raised a lot of questions in people’s minds. Questions like: “What will become cheaper, what will become more expensive, which industries will get affected the most?” etc. have been looming around everyone’s minds. ...
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This blog is in regard to the small businesses who are confused whether to invest more for expansion or not, so we will give insights which will encourage the reader to go for loans via FlexiLoans. “Are we investing in our business enough?” This is a...
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GST is going to be implemented in less than a month, and its implementation brings forth an atmosphere of ambiguity for businessmen in India. Its impact on consumers, businessmen, the government and the entire nation will be both monumental and notable as it’s the biggest...
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