The introduction of Goods and Service Tax (GST) has modernized the economy, establishing a digital and standardized framework. This facilitates the seamless exchange of information, providing a common data set for both the central and state authorities, thereby enhancing the efficiency of Direct and Indirect Tax collections.

The new tax system has streamlined processes, reducing redundancy and simplifying tax filings, ultimately fostering a business-friendly environment.

Industry experts predict that GST will play a pivotal role in job creation, adding to employment opportunities.

The heightened awareness among taxpayers is attributed to improved tools for tracking tax evasion, rendering the taxation system more effective.

As businesses experience a surge in transactions and turnover, the demand for skilled accountants to maintain accurate records is on the rise.