archiveGST Bill

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Weekly Recap: Top 10 Stories On Channel Times

GST Amendments Evoke Positive Reactions From IT Channel Channel partners have welcomed the historic GST Bill passed by the Rajya Sabha on Wednesday. Channel partners said that the bill, which proposes uniform taxation across the states, will bring ease of doing business and resolve various challenges in the current indirect tax landscape. Read More Cyber War Is Real & We Are Preparing For It: Kiran Rijiju The government of India has taken a very serious note of the growing incidence of cyber-attacks on various institutions in recent months. Union Minister of...
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Will GST Bring “Acche Din” For IT Sector?

After a long wait and repeated requests by the Indian Government, the Rajya Sabha finally gave a green signal to the historic Goods and Services Tax (GST) Bill, which is considered to be a significant reform that will simplify and unify the tax structure of India. The much-awaited GST, which will be implemented from April 1, 2017, is expected to impact the IT-BPM sector (and also other industries), which is currently valued at USD 143 billion (2015-16). The GST, once implemented, will supposedly bring all states and people of India...