Government should pay ‘administration’ fee to small businesses to offset increasing compliance costs

GST and Taxation for MSMEs:  GST is an integral part of the government’s plan to secure India’s economic future. Two years on, the reform has been enduring, with the mantra of broad base, low-rate and tax neutrality still dominating the political landscape. The avowed GST goals of contributing to the deficit reduction effort, bring changes necessary to ensure that India can compete effectivel…