A workshop was organized on the workings and effects of the Good and Services Tax, GST. GST created much buzz all across the country when it was introduced on 1 July 2017, so many people had various doubts regarding what could possibly happen upon this action. Discerning the same, Innolabz came up with the idea of guiding and enlightening people about the consequences and the mechanism of this particular tax.
The workshop was conducted by our esteemed panelists consisting of CA Suresh Parekh and Mr. Saurabh Chaturvedi, the founder and CEO of the organization. Both the presenters upskilled the attendees about the effects of GST on the GDP of the country. They informed that the GST is basically an indirect taxation according to which most of the existing taxes will be unified into a single taxation system. It was also stated that with the passage of GST Bill, the Indian GDP could rise by 2 per cent.
Apart from this, both the presenters also cleared several doubts and answered to every query of the attendees. The workshop was open for one and all and absolutely free of cost.
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