Impact Earlier Now 1.Ease of commencement of businesses A business having operations across different state needs VAT registration. Different tax rules in different states lead to complications and a high procedural fees. Under GST, the…

CBIC made E-invoice under GST mandatory for registered persons having aggregate turnover above ₹20 crore in any of the previous years from 2017-18 till 2021-22 with effect from 01st April, 2022. The existing limit of…

The Union Budget for fiscal 2022-23 unveiled by the Indian Finance Minister Nirmala Sitharaman on the first of February, 2022, included several measures that could lead to a major boost for the economy as a…