Getting ready for GST
The newly introduced Goods and Services Tax (GST) is one of independent India’s biggest milestones in tax reformation and is expected to bring about a positive change in the entire taxation eco-system. This key transformation is coming into effect from July 1st 2017.
Such is the expected impact of this landmark legislation that the entire framework of indirect taxation including nature of levies, rates of tax, and tax administration will change forever. GST will rationalize the tax element in product/service price and is set to revolutionize the way India does business, by creating a more integrated and homogenous nationwide marketplace.
GST transition and implementation requires a great deal of preparedness and overhaul of the business finance, accounting operations and IT infrastructure. The implementation of a program of such magnitude demands a balance of two key elements:
1. A strong technology support system
2. Mobility across businesses
In order to assist businesses to learn more on GST, a half-day interactive session on ‘GST Transition & Implementation - Taxation and IT Perspective’ is being organized, which will throw valuable insights on the changes you need to bring about in your existing processes and systems to comply with GST, and highlight its impact on your business, along with GST eco-system and readiness from an IT Perspective.
Come and join the learning journey of GST and an interactive workshop to hear directly from our GST experts!