






Understanding GST & Career Bridging
Higher threshold for registration?
GST is a comprehensive indirect tax that was designed to bring indirect taxation under one umbrella. More importantly, it is going to eliminate the cascading effect of tax that was evident earlier. Cascading tax effect can be best described as 'Tax on Tax'.
Bridging the Gap
Due to varied reasons, students who have graduated freshly out of college, as well as those who have earned a year or 2 experiences in their respective education field are unable to find a job for themselves. This has led to a huge gap between the firms and talents. We play a crucial role in linking the needy with the needful.
GST Payment Regulations
Earlier, in the VAT structure, any business with a turnover of more than Rs 5 lakh (in most states) was liable to pay VAT. Please note that this limit differed state-wise. Also, service tax was exempted for service providers with a turnover of less than Rs 10 lakh. Under GST regime, however, this threshold has been increased to Rs 20 lakh, which exempts many small traders and service providers.
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