Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
It takes eight to nine months for developing a robust software from the time the rules are decided, warns Bharat Goenka, managing director of Tally Solutions, one of the entities entrusted as a 'Suvidha Provider' with developing ready software for customers to get them ready for the coming Goods and Services Tax.
Barely 10% of small businesses are in a GST-ready position, say experts