Business Studies, asked by ganesh3935, 1 year ago

Gst impact on small and medium businesses

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Answered by Raju2392
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Impact of GST on Small and Medium Enterprises. At present, the total tax collection in India is around 14.5 Lakh Crore, of which 34% is indirect tax. ... Therefore, the new GST implementation will allow the government to have a better grip on the taxpayers.
Answered by Anonymous
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Answer:

Impact of GST on Small and Medium Enterprises. At present, the total tax collection in India is around 14.5 Lakh Crore, of which 34% is indirect tax. ... Therefore, the new GST implementation will allow the government to have a better grip on the taxpayers. This should be capable of evolving the entire tax system.

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