GST boon for flexi staffing industry

Nearly a year into its rollout, the Goods and Services Tax has proved to be a boon for the Rs 33,000 crore flexi-staffing industry, with the introduction of input tax credits boosting jobs and growth. The input tax credit benefit under GST prompted companies to increase their hiring of temp employees such as sales and support staff, resulting in an up to 60% annual growth for staffing firms s…