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India Inc calls for second phase of GST reforms for ease of doing business, says Deloitte survey

The survey said 80 per cent of business leaders in India have expressed that the time is ripe for the next phase of GST regime reforms for enhanced ease of doing business (EoDB) and sectoral growth in the next few years.

Nirmala sitharamanMahesh jaisingMedium enterprises msmesIndia incServices taxDeloitte indiaIndirect taxMedium enterprisesFinance ministryFinance minister nirmala sitharamanCentral boardIndirect taxesUnion ministerGst reformsGst 6 yearsNarendra modi government

88% of MSMEs credit GST for cost reductions along with optimised supply chains: Deloitte

88% of MSMEs credit GST for cost reductions along with optimised supply chains: Deloitte
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Mahesh jaisingMedium enterprises msmesGoods services taxIndia incServices taxMedium enterprisesIndirect taxDeloitte indiaDoing business

6 years of GST: 88% MSMEs see reduced cost of goods and services, says Deloitte survey

6 years of GST: 88% MSMEs see reduced cost of goods and services, says Deloitte survey
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Mahesh jaisingServices taxIndia incMedium enterprises msmesMedium enterprisesIndirect tax

India Inc feels time ripe for next phase of GST reform: Deloitte

The survey indicates a positive impact on businesses of all sizes with micro, small and medium enterprises (MSMEs) being the biggest beneficiary of the simplified tax regime.

Nirmala sitharamanMahesh jaisingIndia incMedium enterprises msmesIndirect taxDeloitte indiaMedium enterprises

gst: 88% MSME say GST reduced cost of goods and services, optimised supply chain

About 80% of the businesses say that the GST law requires additional reforms including removing Input tax credit restrictions and introducing an amnesty scheme, for resolving existing tax disputes that had tied up business capital and government revenue. Introduced in 2017, the law will complete six years on July 1.

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