GST Impact Analysis

GST has been one of the most awaited tax reforms for India. High GST rates on hospitality may prove to be detrimental for the sector. The high incidence of taxes may make India less competitive when it comes to tourism as international…

Impact of GST on Real Estate Sector, GST Issued in Real Estate Sector: Real Estate is one of the major revenue generating sectors for the Indian economy. It is the second-largest employer next to agriculture and accounting for 7.8% of GDP…

GST Impact in India, Impact of GST: GST Bill has been passed in the Lok Sabha on March 29, 2017 and Rajya Sabha on April 13, 2017, it seems certain that it will meet its July 1, 2017 deadline for implementation. The GST is being touted as…

Impact of GST on Tourism Sector, GST Impact on Tourism Sector: Tourism represents world’s third largest export avenue in terms of global earnings after fuel and chemicals according to a representative from the UN World Tourism Organization…

Key Provisions in GST for Manufacturers: we are happy to say that India is now closer to the biggest tax reforms since independence as The Goods and Services Tax (GST) will replace multiple taxes system w.e.f from 1st July, 2017.…

Impact of GST on FMCG Sector: The 3 lakh crore Fast Moving Consumer Goods (FMCG) industry in India is one of the major contributor to the state exchequer in excess of Rs 40,000 Crores. Major categories being food & beverage followed by…

Impact of GST on Energy Sector: In the short-run, study suggests a 10 per cent increase in solar tariff as a result of increased project capital cost by about INR 4.5 million per MW but in the long run, GST will eradicate presence of…

Impact of GST on Transport Industries: Fundamentally every industry is likely to get benefit from GST as it will make the overall process of taxation simpler, less bureaucratic and efficient, out of which one industry shall be Transport…

GST Impact On Transportation of Goods: Check Impact of GST on Transportation By Road with Rates, HSN Codes, Place of Supply, Valuation, ITC & Time of Supply. Goods and Services Tax (GST) is a flawless taxation system which would enhance…

GST Impact on the Travel Industry: The Indian travel industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical…