“The promise and intent shown by the honorable Finance Minister to fast track the GST bill and constitutional amendment is highly welcome. This would provide the required impetus for quicker GST rollout and subsequent simplification which will benefit the end-consumers. The Tax Administrative Reform Commission is a good initiative to review tax implications. We truly expect the commission to review the policy content and its implement-ability and provide the feedback to enable businesses run with minimal disruption,” said Navaneet Mishra, Vice President, Globalization Services, SAP India. “Increasing the royalty tax to 25 percent from the existing 10 percent could be a visible concern for Global MNCs, wanting to setup their subsidiary and do business in India,” he added.
at the very Core of it all … is Content!