GST (Goods and Service Tax), the biggest tax reform in the country has been implemented from July 1st, 2017. It is an indirect tax for the complete nation, which will remove all the other taxes and will make India one unified common market.
Reduction in transaction costs of doing business would undoubtedly lead to improved competitiveness for trade and industry. GST will affect each and every sector of the country along with the living standards of the residents.
