Poging GOUD - Vrij
Gear Up for GST
Indian Management
|September 2016
The game changer, GST is here and businesses across sectors need to assess its far-reaching impact.
The much awaited and one of the biggest tax reforms in India is on the verge of seeing the light of day—implementation of goods and services Tax (GST) will be a reality soon. GST implementation crossed one of the biggest hurdles on 3 august 2016, when Rajya sabha granted its approval on the impending GST Constitutional amendment Bill. The achievement of this milestone has raised an alert for various industries to respond to this reform.
However, there are several other hurdles to be crossed before GST is introduced as the law of the land. The passage of the GST Bill was the first step; there are other issues to be resolved, such as ratification of the Constitutional amendment Bill by at least 50% of the states, receipt of presidential assent on the amendment bill, formation of the GST council, rolling out of the GST law and rules, and readiness of the GST IT infrastructure. Though the government has a colossal mission to achieve, it is making significant headway at a swift pace to meet its commitment of rolling out GST on 1st april, 2017.
Impending changes
Dit verhaal komt uit de September 2016-editie van Indian Management.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Indian Management
Indian Management
Smarter care, lower costs
Artificial Intelligence (AI) is ushering in a new era in healthcare—providing transformative improvements across diagnostics, patient care, drug development, and health system efficiency. More than just a technological upgrade, AI has begun reshaping the cost structures of medical services, enabling more personalised care at reduced expense.
5 mins
December 2025
Indian Management
Staying Connected When It Matters Most: Why Communication Resilience Defines Modern Organisations
In a world continually reshaped by geopolitical volatility, technological progress, and rapid disruption, resilient communication is a foundational capability, one of the most crucial that an organisation can develop. Organisations stumble when information travels slowly, when teams operate with different versions of the truth, or when uncertainty creeps in.
2 mins
December 2025
Indian Management
From pushback to progress
Influence happens not when you push your idea, but when you open the space for others'.
5 mins
December 2025
Indian Management
Financial metamorphosis
The financial services sector is undergoing a profound metamorphosis, spurred by technological advancements, evolving customer expectations, and the emergence of innovative business models (Bueno et al., 2024).
6 mins
December 2025
Indian Management
Rising above the noise
The days when criticism was the domain of a few peculiar individuals are long gone. It is an ever-present part of modern life, largely due to social media. With easy access to technology and widespread platforms for feedback, anyone can now become a critic—even on topics that have no direct bearing on their own lives.
3 mins
December 2025
Indian Management
The duty of care
Across much of the developed world, the twentieth century bore witness to one of the great regulatory transformations of modern life- the establishment of health and safety law at work.
4 mins
December 2025
Indian Management
Resilience is not optional
In a world defined by uncertainty—socially, economically, and politically—one truth has become clear: resilience is no longer optional; it is essential.
4 mins
December 2025
Indian Management
The living mentor
Higher education institutions today are judged not only by their rankings or research output, but increasingly by how well they nurture the human potential within their gates.
5 mins
November 2025
Indian Management
Rethink your brand playbook
Are you tired of trying to convince people that your brand, product, or service is for them? It is frustrating when marketing does not seem to be working as well as you'd hope. When you wish more people knew how great your offering is and feel compelled to bring it into their life.
5 mins
November 2025
Indian Management
The rare Earth elements fiasco
I think it was in April or May 2025 when Maruti-Suzuki pushed the panic button for a likely cutback in production of one of their popular models due to shortage of rare earth magnets.
4 mins
November 2025
Translate
Change font size