Monthly FTM Update - Jul, 2016
Finally GST, the most awaited tax reform gets the thumps-up from Rajya Sabha & Lok Sabha, paving the way in transforming India into a single integrated market. The aim is to have one indirect tax for the whole nation, which will make India a unified common market. It is expected to simplify taxes, reduce procedural hurdles, increase tax base, reduce tax avoidance, and bring down costs. It is the change …
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