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  • GST Benefits To Stakeholders

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    Georgin Paul
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    The document outlines the benefits of GST (Goods and Services Tax) for various stakeholders in India. It notes that GST will boost investment, GDP and ease administration for the central government. For state governments, GST will increase tax compliance, widen the tax net and increase revenue collection. Small traders and consumers will benefit from uniform tax rates and structures, while big businesses and startups will see reduced costs through easier registration and supply chain optimization.

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    GST Benefits to Stakeholders

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    The document outlines the benefits of GST (Goods and Services Tax) for various stakeholders in India. It notes that GST will boost investment, GDP and ease administration for the central government. For state governments, GST will increase tax compliance, widen the tax net and increase revenue collection. Small traders and consumers will benefit from uniform tax rates and structures, while big businesses and startups will see reduced costs through easier registration and supply chain optimization.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    12 views1 page

    GST Benefits To Stakeholders

    Uploaded by

    Georgin Paul
    The document outlines the benefits of GST (Goods and Services Tax) for various stakeholders in India. It notes that GST will boost investment, GDP and ease administration for the central government. For state governments, GST will increase tax compliance, widen the tax net and increase revenue collection. Small traders and consumers will benefit from uniform tax rates and structures, while big businesses and startups will see reduced costs through easier registration and supply chain optimization.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Benefits of GST to its Stakeholders

    Central Government Small Traders


     Increase in investment in India  Uniformity of tax rates and
     Simple and easy to administer structures
     Boost GDP  GST annual return due extended
     One Nation. One Tax  Single common registration
     Distinction between goods and
    services eliminated.

    State Government
    Big Businesses
     Ease of administration
     Removal of cascading tax
     Increased tax compliance
     Ease of doing business &
     More people in Tax net –
    Standardization
    Higher tax collection
     Improved competitiveness
     Higher revenue
     Optimal supply chain
    GST decisions

    Consumers Startups

     Efficient and easier to understand system  Ease In Doing Business With


    and easier compliance Single Registration
     Reduces corruption in Tax departments  Startups Eligible For Higher
     Transparency in taxation Threshold Limit
     Overall tax relief & reduced Cost  Lower Logistic Cost
     Reduced compliance cost
    www.presentationgo.com

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