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GST for the Layman: How It Impacts Your Daily Life
Do you know you can avoid the payment of GST while buying a house? Do you know that GST is not supposed to be paid on discounts applied to the MRPs of products? Are restaurants still charging VAT from you? Is GST applicable to your new e-commerce venture? Do you know how as a student you encounter GST? Find out answers to these and many more such daily-life encounters in this book. GST for the How It Impacts Your Daily Life is a book for every person who is interested in learning about the new tax introduced in India in 2017. The book covers aspects of GST for everyone-from a homemaker to a student to an entrepreneur. It outlines the basics of the GST law in a simple and interactive manner, complete with illustrations, dialogues and examples, and reveals the impact of this particular tax on various elementary issues, scenarios and industries that one comes across in everyday life. Additionally, you get a few DIY and other tips that will help you make informed decisions and assist with basic GST compliances.
246 pages, Kindle Edition
Published June 30, 2020
2 people are currently reading
9 people want to read
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Displaying 1 - 4 of 4 reviews
April 19, 2021
GST for the Layman by Apeksha Solanki is a comprehensive guide on the debated subject of GST. A lot of opinions surround it. From a common man to a politician, everyone continues to discuss if it's the right thing or not. More often than not, it is found that people are either cursing it or praising it. However, I am not sure if everyone out there has really understood it. I didn't and I am glad that I came across this book. This tax was introduced in 2017 and still continues to be a hot topic of discussion.
The book breaks down the complexity surrounding GST and explains each point meticulously. Right from its inception to its operation to its structure and application, everything is covered. Coming from a CA, this book does provide some valuable data one would need to thoroughly understand GST. There are certain myths that are debunked, there are certain theories that have been elaborated. There are questions that have been answered, there are queries that have been out to rest. All in all, in the simplest of language, the book gives us a peek into the humongous topic of GST.
In a simple and interactive manner, complete with illustrations, dialogues and examples, the book tells us about the basic of the tax. It further sheds light on its impact on different sectors and industries. Be it education, services, e-commerce, finance, startups, restaurants, the book talks about everything. With precision and lucidity. As the title says, it surely puts across the message comprehensible enough for a newbie in the world of GST.
If you're interested in knowing about GST, do give it a read.
The book breaks down the complexity surrounding GST and explains each point meticulously. Right from its inception to its operation to its structure and application, everything is covered. Coming from a CA, this book does provide some valuable data one would need to thoroughly understand GST. There are certain myths that are debunked, there are certain theories that have been elaborated. There are questions that have been answered, there are queries that have been out to rest. All in all, in the simplest of language, the book gives us a peek into the humongous topic of GST.
In a simple and interactive manner, complete with illustrations, dialogues and examples, the book tells us about the basic of the tax. It further sheds light on its impact on different sectors and industries. Be it education, services, e-commerce, finance, startups, restaurants, the book talks about everything. With precision and lucidity. As the title says, it surely puts across the message comprehensible enough for a newbie in the world of GST.
If you're interested in knowing about GST, do give it a read.
November 30, 2020
Book Review - GST FOR THE LAYMAN -How it impacts your daily Life by Apeksha Solanki .
Highly recommended for all non-finance professionals, small businessman, MSME companies, to enhance their knowledge on the tax which impacts their daily life. The author has done a fabulous job of presenting the subject like tax (so called boring and technical) in a story manner and has also ensured the book covers all aspect of the historic tax in a very comprehensive manner. The book is a splendid effort by author in explaining the tax in a simple manner and adopting the QA methodology to answer all the basic queries, a layman would have.
Highly recommended for all non-finance professionals, small businessman, MSME companies, to enhance their knowledge on the tax which impacts their daily life. The author has done a fabulous job of presenting the subject like tax (so called boring and technical) in a story manner and has also ensured the book covers all aspect of the historic tax in a very comprehensive manner. The book is a splendid effort by author in explaining the tax in a simple manner and adopting the QA methodology to answer all the basic queries, a layman would have.
June 14, 2020
The author has made a successful attempt in domestication of this highly touted tax reform of India. Greatly recommended for those who are terror struck by the technicalities of GST. Kudos to the well versed and eloquent author of this comforting GST book - Ms Apeksha Solanki !!
September 17, 2020
Split into two parts, the first part of the book outlines the basics of GST: how it differs from the previous taxation system, its evolution, structure, and application. It then explains the GST Network, compliance requirements, as well as assessment and audit processes. This is wrapped up with a comparison of pros and cons based on public opinion of the tax reform.
In the second part, the author summarises the impact of GST Law on different areas - small businesses, banking/insurance/financial sectors, real estate, salaried employees, start-ups, students, even household expenses.
The book has an interactive dialogue format, the concepts explained in simple terms with illustrations and examples, making it comprehensible for those without a background in Economics or Finance. The author also includes a few DIY tips to assist new users in registration, fulfilling compliances, and making informed decisions.
As with any law in India, the Government continues to update and revise requirements to the GST Law. The book helpfully directs you to the relevant sources to keep abreast of these changes.
Whether you are building a business, are an entrepreneur, or simply heading out to shop and have a meal, it is important to understand how and where GST is applicable to you. This book arms you with the fundamentals of this tax system to make you a smarter, well informed consumer with a better control on your finances.
For complete review, visit https://aquamarineflavours.wordpress.com.
In the second part, the author summarises the impact of GST Law on different areas - small businesses, banking/insurance/financial sectors, real estate, salaried employees, start-ups, students, even household expenses.
The book has an interactive dialogue format, the concepts explained in simple terms with illustrations and examples, making it comprehensible for those without a background in Economics or Finance. The author also includes a few DIY tips to assist new users in registration, fulfilling compliances, and making informed decisions.
As with any law in India, the Government continues to update and revise requirements to the GST Law. The book helpfully directs you to the relevant sources to keep abreast of these changes.
Whether you are building a business, are an entrepreneur, or simply heading out to shop and have a meal, it is important to understand how and where GST is applicable to you. This book arms you with the fundamentals of this tax system to make you a smarter, well informed consumer with a better control on your finances.
For complete review, visit https://aquamarineflavours.wordpress.com.
Displaying 1 - 4 of 4 reviews