CLEAN : Indian business braces for disruption amid massive reform

CLEAN : Indian business braces for disruption amid massive reform

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

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The video discusses the introduction of a uniform taxation regime in India, known as GST, which aims to simplify the current complex tax system involving multiple taxes at different levels. The speaker highlights the challenges of the existing system, such as accounting hassles and varying tax submission dates. The GST is expected to streamline these processes, potentially affecting sales and pricing. The speaker believes GST will benefit businesses in the long term, despite initial adjustments, and emphasizes the importance of maintaining a clean business strategy.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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