Blog | Goods and Services Tax (GST)
07f4bad4 9ac9 4b9e 8f71 8204b0ecd8d5

GST To Spur Double Digit Growth in Hiring Across Sectors.

Dec 29, 2016 | Blog, Goods and Services Tax (GST)

07f4bad4-9ac9-4b9e-8f71-8204b0ecd8d5

The implementation of the Goods and Services Tax (GST) will lead to 11 per cent growth in hiring activities, says a report released on Tuesday.
HR services provider TeamLease said that GST would not only have a positive impact on the ease of doing business but also propel formal job creation.
“Adoption of GST will lead to an 11 per cent growth in hiring across sectors in chartered accountant firms in mumbai. Further, from a region perspective though marginally South India will top the job generation chart,” it said.
Automobiles, logistics, home decor, e-commerce, media and entertainment, and cement sectors are projected to create 11-18 per cent additional jobs annually after implementation of GST.
In the case of IT/ITeS and BFSI segments, the growth rate has been pegged between 10 and 12.5 per cent.
According to TeamLease, around 10 to 13 per cent additional jobs are expected to be created every year by consumer durables, pharmaceuticals and telecommunications sectors.

Read more information visit at: http://bit.ly/2efTXm0

    What is 4 + 2 ?

    Recent Blogs

    GSTR-4 Return Filing: Due Date, Filing Process & Late Fees

    Mar 30, 2026 | ,

    For businesses registered under the GST Composition Scheme, timely filing of GSTR-4 is essential to avoid penalties and maintain compliance. Many taxpayers often confuse CMP-08 quarterly payments with GSTR-4 annual return filing. In this detailed guide, Neeraj Bhagat...

    MAKE AN IMPRESSION WITH US

    Error: Contact form not found.