GST is goods and services tax which will be implemented in India from 1st July 2017. It will be one point taxation system in India where through software made under the guidance of government of India ,it will be implemented. Businesses big or small, professionals, government institutions will have to comply with its provisions. GST migration for businesses is already under progress. Banks are also going to be GST compliant. GST will ease doing business in India.
Informative information.