CBM Club-Commerce and Business Management

Expert Lecture on- GST: How it Change the Scenario of TAXes by Charted Accounted,Mr. Nokesh Chhabra

Today at Bharat Group of colleges,Seminar held which aware the students that GST is a beginning of a new regime as “One Nation One Tax” andgame-changing reform for Indian economy by developing a common Indian marketand reducing the cascading effect of tax on the cost of goods and services byChief guest C.A. Mr Nokesh Chhabra. He told the students that GST is a dualsystem which implemented all over the India. In this seminar, Principal DrDeepak Mehta welcomed the Chief Guest and told the students about theimportance of GST. At the end of the seminar, Management member C.E.O. MrRakesh Garg and Mr Bhushan Jain thanked the Chief Guest C.A. Mr Chhabra.

Abstract

GST the biggest tax reform in India founded on the notion of “one nation, one market, one tax” is finally here. The moment that the Indian government was waiting for a decade has finally arrived. The single biggest indirect tax regime has kicked into force, dismantling all the inter-state barriers with respect to trade. The GST rollout, with a single stroke, has converted India into a unified market of 1.3 billion citizens. Fundamentally, the $2.4-trillion economy is attempting to transform itself by doing away with the internal tariff barriers and subsuming central, state and local taxes into a unified GST.

     

          


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Topic: Impact of Cashless Economy on Common Man: Workshop organized by Commerce and business Management Club on September 7,2018

Abstract

Cashless economy is an economy where maximum transactions are done without using thephysical cash or the means of hard cash. It is the economy where economic transactions are donewith the facilities like credit card, debit cards and on line transactions by means of fund transferand using e-wallets. The new policy of demonetization and the stress of the government oncashless transaction is a clear message towards the good economic growth in the country. Thedemonetization policy has increased the use of online banking services, cheque and e- wallets. Ithas not only reduced the threat of theft and loss of money on the one side but also facilitated therisk free transactions. 


Cashless societies are free from the curse of corruption, has considerable less amount of blackmoney in circulation. It also paves the ways for the employment opportunities, high livingstandards and equal growth in the economy. The present paper aims to study the impact ofdemonetization and cashless society in the country. The research indicates the overalldevelopment of the market and society. It also studies the challenges faced by the government toestablish the cashless economy. 



Participated Key Members 

1. Ms. Navjot Kaur, H.o.D, Deptt. of MBA
2. Ms. Shilpa Mehta,AP,Deptt of MBA
3. Mr. Ashwani Kumar ,H.o.D,Deptt of Mechanical

Schedule followed by them



Some Images of Workshop