With the objective of streamlining the current tax structure, Indian government passed the Goods and Services tax (GST) bill, which will subsume all currently existing indirect taxes into a single tax.
Many industrialists and finance experts believe that the GST will transform the way we do business in India.
Here’s how the GST would bring major benefits to businesses.
Check out our guide on the basics of GST for deeper insights into each of the benefits mentioned in this infographic.