Jun 30, 2017 14:11:49 (IST)
How GST Will Impact Those Who Don't Pay Taxes
Party's over, folks! For those who do not pay taxes even after running a business, will now be in a soup.
But the country's biggest tax reform since independence is promising to bring millions of firms into the tax net, boosting government revenues and India's sovereign credit profile.
The new tax will require firms to upload their invoices every month to a portal that will match them with those of their suppliers or vendors.
Read on to know more
Party's over, folks! For those who do not pay taxes even after running a business, will now be in a soup.
But the country's biggest tax reform since independence is promising to bring millions of firms into the tax net, boosting government revenues and India's sovereign credit profile.
The new tax will require firms to upload their invoices every month to a portal that will match them with those of their suppliers or vendors.
Read on to know more