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    Competent Synergies
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UIMT organised a seminar on "THE IMPACT OF GST & UNION BUDGET 2018"

19-03-2018

The seminar was hosted by UIMT on "THE IMPACT OF GST & UNION BUDGET 2018"The seminar had interactive sessions facilitated by eminent resource person. The seminar was held on 19.02.2018 (Monday) in seminar hall of admin block from  2.00 P.M. onwards. S.K.Gupta presently working as Dean Academics in Institute of Management Sciences (IMS) Gurha Brahmana (Patoli), as Chief Guest to grace the occasion. The main agenda for seminar was "Union Budget 2018 & Impact of GST" on economy. The seminar covered recent Union Budget Plan proposed by the Govt. and its effect on overall economy with this the role of GST (Goods & Services Tax) is also explained to the students. The speaker delivered that Goods & Services Tax Law in India is a comprehensivemulti-stagedestination-based tax that will be levied on every value addition. GST is an indirect tax levied on the supply of goods and services. He shared his views on mechanism of GST implementation, its advantages over cascading effect.