An introduction to the new indirect tax regime – GST, which will be a game changer for the country, including the travel and hospitality sectors.
GST is considered as a game changer because it is expected to weed out brokers (middlemen), be a borderless tax regime and curb corruption. It is a game changer also, for many other reasons. The manner in which the Government of India has implemented GST so far is unique, a welcome change and needs to be applauded by everyone. The GST Council has done remarkable work with microscopic details. The magnamity of implementing GST in India is not lost on anybody including global economists.
This story is from the July 2017 edition of Express Travelworld.
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This story is from the July 2017 edition of Express Travelworld.
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