Monday, November 7, 2016

Will GST Lead To Inflation?

With the April 1, 2017 GST deadline fast approaching it is a race against time for the lawmakers, tax department and taxpayers alike. New developments are happening each day. The Goods and Services Tax Council has made the much anticipated move and decided on the final tax rates. While much is still up in the air, the consumers and businesses have their own share of concerns about the possible impact of this mega change. In this post, we are breaking down the two areas of interest based upon information available so far.