70% of India’s small, mid-sized firms yet to start GST preparations

About 70% of the country’s small and mid-sized firms are yet to begin preparations to get synced with the goods and services tax (GST) structure even as the country prepares to roll out the biggest indirect tax reform from July 1. Consulting major KPMG and the Federation of Small Medium Enterprises (FISME) said that while large companies are ready to move to the new tax structure, small ones, espe…