September 18, 2016
GST Impact on media industry

Impact of GST on Media Industry

Introduction of the much-awaited Goods and Services Tax (GST) is likely to address the issue of cascading and dual taxation impact on Indian media and entertainment industry, a sunrise sector, says a report. India is globally the fifth largest media and entertainment market, said a Deloitte report titled ‘Media and […]
September 13, 2016

Benefits of GST

GST has been envisaged as an efficient tax system, neutral in its application . The advantages of GST are: Wider tax base, necessary for lowering tax rates and eliminating classification disputes Elimination of multiplicity of taxes and their cascading effects Rationalization of tax structure and simplification of compliance procedures Harmonization of […]