EntersliceNov 18, 2021The implication of GST under MSMEs: Positive and Negative FactorsThis article speaks about the increasing implication of GST under MSMEs for positive and negative factors. GST for MSME has not been a challenge but can look from different positive and negative aspects.We are here to examine the impact of GST for MSME that is Micro, Small, and Medium Enterprises. In the country like India, with its demographic diversity, SME’s have always grown and become the leading employment sectors.Before applying GST, we have seen that SMEs are a major contribution to the society. We can broadly say that the government intention behind GST for MSME’s is to increase the taxpayer base, but not to increase the burden over the individual taxpayer or assessee.Read more at Enterslice
This article speaks about the increasing implication of GST under MSMEs for positive and negative factors. GST for MSME has not been a challenge but can look from different positive and negative aspects.We are here to examine the impact of GST for MSME that is Micro, Small, and Medium Enterprises. In the country like India, with its demographic diversity, SME’s have always grown and become the leading employment sectors.Before applying GST, we have seen that SMEs are a major contribution to the society. We can broadly say that the government intention behind GST for MSME’s is to increase the taxpayer base, but not to increase the burden over the individual taxpayer or assessee.Read more at Enterslice
