GST: Little India struggles with tax revolution - News Summed Up

GST: Little India struggles with tax revolution


More From Livemint »Under the new regime, businesses must register with the GST Network (GSTN) and file invoices and tax returns online at least once a month. I only know Hindi so how do I navigate this new system?” Till now, he has made all tax returns on paper. However, the bigger clients which buy paper and pens from him want suppliers to be in the GST system or they will go elsewhere. Analysts say the GST has been set up to force compliance in a country with a poor tax base and a reputation for avoidance. “The rules and regulations are complicated and hard-hitting and we, especially small businesses, can never comply,” he told AFP.


Source: Mint July 02, 2017 15:56 UTC



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