GST Tabled In Lok Sabha, Is MyBilling Ready?

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Posted on 20 Dec 2014 13:35 in Shimbi Labs Products by ShimBi Labs

This is the biggest tax reform since Independence; analysts are calling it as a "game changer" that would cut the cost of doing business and boost economic growth.



 

Yesterday the government of India introduced legislation billed for the long-awaited goods-and-services tax or GST will eliminate a slew of levies currently in place to create a single internal market. With this India will become one TAX nation.

 

This is the biggest tax reform since Independence; analysts are calling it as a "game changer" that would cut the cost of doing business and boost economic growth.

 

The government aims to bring the tax into effect from April 1, 2016. So is ShimBi MyBilling ready for this change? Answer is YES; we already have provision to add any type of new tax including GST. Not only this but you can even add Compound Tax or Stacked Tax.

 

ShimBi MyBilling is a global SaaS application suitable for Small & Medium size business and freelancers from any country.

 

ShimBi MyBilling is the easiest & simplest way to invoice your customers. Create, Send and Manage your invoices & receipts online. More to it accept online & offline payments from customers. Not only this but you can also create an elegant looking estimates and Quotes in minutes and convert them to invoice in one click.

 

ShimBi MyBilling helps you to get paid faster and on time with online payment gateways!



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ShimBi Labs is helping entrepreneurs turn great ideas into reality. We help startups to large companies building their web and mobile applications. ShimBi Labs is also the developer of CMS Budo, ShimBi Cart and MyBilling like very Innovative, Simple,



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