Goods And Services Tax

Highlights

GST Launch Highlights: President Pranab Mukherjee, PM Modi Launch India's Biggest Tax Reform

Goods and Services Tax (GST), India's biggest tax reform, was launched at midnight at Parliament's historic Central Hall, by President Pranab Mukherjee and Prime Minister Narendra Modi. With the stroke of the gong, current tax rates are replaced by GST rates.
Jun 30, 2017
15:48 (IST)
In case you missed it, here is how the GST might impact you

In further relief to small businesses, under the composition scheme, they will benefit from not having to meet with detailed compliances under GST. However, they will not get the benefit of input tax credit.

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