In the last few decades, the telecom sector has emerged as one of the largest services sectors in India. Impact of GST on Telecom sector.
The banking sector is one of the largest services sectors in India. The implementation of the Goods & Services Tax (GST) will likely prove to be a challenge for the sector on two counts.
The government seems resolute to bring in the GST regime soon. With activity happening at a frantic pace, it might not be too long before the new tax regime kicks in.
The GST or the Goods and Services Tax, is a new tax regime being introduced in India and will be levied on all transactions of goods and services made for a consideration.
The Goods and Service Tax (GST) bill, believed to be a significant reform in the Indian taxation system, is definitely a move closer to Digital India.
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