Corporate News June 2018 - Acquisory Bulletin

Chandni Ansari29 Apr, 2025Business

GST: Taxation Simplified One of the biggest reform since independence, the Goods and Service Tax (GST) has successfully completed one year of its implementation on July 1, 2018. In a major initiative to ease the tax system of the country, the government launched GST on July 1, 2017. Under the GST regime, a regulated tax system was introduced in the country. With the introduction of this 'one nation one tax' regime, the country's business landscape saw a widespread makeover. The roll-out of GST was accompanied with frequent changes in rules, which was welcomed by few and deemed complex by others. The launch of GST stirred a lot of hubbub in the corporate sector. India Inc...