Leading Chartered accountants and renowned professionals in the field of Indirect Taxes who addressed the seminar have made searching and practically useful observations on the policy of Goods and Services Tax (GST), a revolutionary step taken by the Government of India to make Indian economy stronger than before. The launching of GST effective from 1st July 2017 is expected to stimulate economic growth and simplify tax structure. This tax system reflects “One Tax One Nation One Market” Vision.
Lala Lajpatrai Institute of Management organized a National Seminar on the topic entitled “Goods & Services Tax (GST): Its Implications & Challenges” on 7th October 2017.
Dr. Vishnu Kanhere, Chartered Accountant delivered the inaugural address and discussed the challenges and pains of GST. Keynote was addressed by Mr. Amit Goenka, M.D & CEO, Nisus Finance Services CO Private Ltd. He examined the impact of GST on real estate while Ms. Shruti shah, Ex-Chairman, Western India Regional Council explained need of the technology in context of GST. Mr. Sheel Bhanushali described conceptual basis of GST, its implications in reality.