NEWS
GST may lead IT business to stringent competition and thinner margings: Rajkumar Jain
By VARINDIA - 2017-07-18
Rajkumar Jain, Owner of Indore-based Business Automation, said, “We will have clear understanding and clarity only after a few months of experience with GST taxation. But, presumably, as we look at it now, the IT business will face much more stringent competition, thinner margins, customers’ restricting themselves to minimize the IT spend, absence of huge business funnels are few of the changes the industry may witness for at least one year after GST coming into force.”
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