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The Goods and Services Tax GST, which subsumes all indirect taxes levied by the central and state governments on goods and services like VAT, service tax, central sales tax, and luxury tax, to name a few, to create one indirect tax for the whole nation and remove the barriers to trade across state boundaries, is India’s single largest tax reform since Independence. GST promises a stronger economy with a less corruption. Obviously, with a tax reform as huge, confusion and doubts are inevitable.
The Government of India as well as many CA firms are regularly coming up with new apps and GST-ready accounting softwares to help the nation understand what the GST is all about, its benefits, GST rates and compliances, how to migrate to GST, along with keeping you informed about the everyday developments in GST. In fact, the Government of India has recently launched a GST Training programme to skill around two lakh youths in six months to handle tax compliance issues like invoice making. The participants would be trained under the Pradhan Mantri Kaushal Vikas Yojna PMKVY in 14 states.
Apps Unveiled team has reviewed 7 apps that can help you know everything that you may need to know about GST, including views of the experts on the new tax regime, GST Acts and Rules, and GST Formats. Additionally, we have included top 4 GST-ready accounting softwares for your business. To know more about all this, please check out our Cover Story from Page No. 4.
This month the ‘App of the Month’ title goes to the ‘Vkaao’, a first-of-its-kind ‘Theatre on Demand’ service. This app allows you to watch a movie of your choice even if it was released a year ago at a PVR theatre of your choice in your vicinity. We have also tested two latest gadgets that are giving a strong competition to each other, i.e. OnePLus 5 and Honor 8 Pro.
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