12 Manufacturing Business Ideas Under 1 Lakh Rs. in India
Becoming a business owner is a great initiative to start with in life. You can become an owner and offer products and services besides providing employment opportunities to people. But being a business owner comes with its own set of…
11 Best Franchise Under 5 Lakhs Rs. In India
There are nearly hundreds of franchise opportunities in the business scene of India, but still, not every franchise opportunity is perfect for everyone. There are a lot of things to consider, like which part of the market you are interested…
Impact of GST on the Automobile Sector in India
The automobile sector is huge in India and comes with many operational challenges. Low-profit margins, high fixed costs, and ever-changing emission norms pose new challenges for India’s automobile sector. Even the people in India seek value-for-money cars with the latest…
Impact of GST on the Construction Industry in India
Since India is a developing economy, the construction industry in India is huge. Because of the availability of disposable cash, many people are building their homes, and there is also a surge in sky scrapper. With the implementation of GST,…
12 Best Franchise Under 10 Lakhs Rs. In India
Without a doubt, an investment of 10 lakh rupees for a business in India is a pretty good one. With such a decent investment, you can definitely give a good start to your business initially, which will be incredibly beneficial…
Types of GST – SGST, CGST, IGST and UGST Explained
The government earns revenue with two taxes. These are direct taxes and indirect taxes. An example of direct taxation is income tax, and an example of indirect tax is GST. GST stands for Goods and Service Tax. This is a…
Impact of GST on Consumers in India
Until 2017, the indirect tax structure in India was quite complicated. It was simplified with the introduction of GST in the country. GST not only combined all the taxes but also helped eliminate the cascading effect of tax and double…
Impact of GST on Textile Industry in India
The textile industry is one of the most basic industries in any economy. Food, shelter and clothing come at the bottom of Maslow’s Hierarchy of Needs. By this itself, you would have understood the importance of the textile sector. The…
Impact of GST on State Revenue of India
GST was a significant change for the Indian economy and faced a fair amount of resistance. There have certainly been many benefits of GST, but just like two sides of the coin, there were also some negatives of the GST…
Impact of GST on Banking Sector in India
The banking sector is the backbone of any economy, and any impact on the banking sector affects the whole economy. Even the banking sector was scoped within the framework when the GST was implemented. The GST impacted banking and the…
