Albert Einstein famously said: “The hardest thing to understand in the world is income tax.” The Goods & Services Tax or GST is expected to be a growth stimulant for India’s economy. It has eliminated indirect and cascading taxes and provided a single tax regime for the entire country. The…
GST or the Goods and Services Tax is one of India’s most significant indirect tax reforms. It was introduced in a bid to regulate unorganized sectors of the economy, as well as to remove cascading taxes. GST is now a single tax across the country in place of varied taxes applied by different…