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A Maximum Retail Price is a maximum price which can be charged from the consumers in India as specified by the authority figures.
Here in India, the maximum population is middle class and lower middle class where people either belong to service class or they depend on agriculture for their living. In this scenario, the most important question is what will be the impact of GST on a common man or a middle-class family. There are lots of question in the mind of a common man in these days such as : Is there anything new for him or it’s like an old material in a new package? Is there any tax refile for him in new tax provisions or it will increase the prices of goods and services for him?
Infosys Limited is an Indian multinational corporation, which earlier won a government contract of a landmark INR 1,380-crores to build GST network software that will be used for the proposed Goods and Services Tax in our nation. As per the sources, the IT major firm is developing GST software despite delay the bill.
