WHY PC-ENABLED SMES WILL WIN IN THE AGE OF GST

摘要

The introduction of the Goods and Services Tax (GST) may just be one of the most challenging reforms that the Indian government has undertaken. This is not the first time a country has attempted to overhaul its tax structure; in fact, several countries in Asia have been down this path before. In Malaysia, the government planned a similar new tax model in 2011, but because local businesses were not GST-ready, the entire process took five years, and was finally implemented in April 2015. India can take heed here and encourage businesses to get their IT infrastructure and operations in place, to accelerate the implementation process.