Albert Einstein said that the hardest thing to understand in the world is income tax. At present, there are several taxes levied at the state and central level. Such a system has led to rise in the final prices of the goods and services.
The government is all set to roll out the Goods and Service Tax (GST) Act from July 1, 2017. GST is a single tax rate that will replace all the existing indirect taxes by the State and the Central government....
