GST Roll Out Might See Over 1 Lakh Immediate Job Openings

Tuesday, June 27th, 2017 - Jobs

The job market is looking forward to a big boost from the new GST regime and expects over 1 lakh immediate new employment opportunities, including in specialised areas like taxation, accounting and data analysis.

The historic tax reform, to be rolled out from 1 July, is expected to help the formal job sector attain an annualised growth rate of 10-13 percent and fuel demand for professionals in various segments of the economy, experts said.

Indian Staffing Federation’s President Rituparna Chakraborty said the GST (Goods and Services Tax) will make procurement and distribution of goods much faster while cash flow is expected to become more predictable and profitability should improve, too.

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