Demystifying Goods and Service tax (GST)

1.Introduction Billed as India’s biggest indirect tax reform since independence- Goods and Service Tax once introduced has the potential to boost economic growth and according to analyst add around 0.9%-1.5% to our GDP. GST has been implemented by over 150 countries owing to its transparency and revenue increasing capabilities. The idea of GST is almost a decade old and was […]

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SMGULP- a paradigmatic cooperative womens enterprise

Shri Mahila Griha Udyog Lijjat Papad(SMGULP), popularly known as Lijjat was founded in 1959 in an obscure bylane of girgaum by a group of seven women with a seed capital of Rs 80 borrowed from various sources. The success story of this modest cooperative is astounding considering it had a turnover of around Rs. 6.50 billion in 2010, provides employment […]

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