The Indian Government is optimistic about the roll-out of country’s biggest tax reform, the
Goods and Services Tax (
GST), from July 1.
In a bid to ensure a smooth roll-out and adoption of the GST, which will bring India under a unified tax regime, the government has called for several programmes that will teach and inform traders, wholesalers, retailers, small-medium enterprises, businessmen about the GST and how tax will be levied.
For this, companies such as EY, PwC, Deloitte, KPMG and Grant Thornton have been roped in to ensure a smooth and systematic adoption of GST.
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“For large enterprises, GST professionals have been conducting extensive impact analysis and identifying all the pain points for GST implementation. GST professionals are helping out on GST enrollment, which is the migration process from current regime to new regime,” said Archit Gupta, Founder & CEO, ClearTax.com, who is also roped in for informing about GST and its impact.
Professionals from finance background are involved in outreach awareness campaigns. “Since GST is also about understanding IT systems and digital compliance, software engineers too are now participating in awareness and designing business solutions,” said Gupta.
Presently, there is a dearth of these professionals due to which companies are luring them with hefty pay packages and good increments.
Here’s what you need to be a
GST professional and salary that you will receive