ASSOCHAM, Tally tie up to simplify GST for retail community

ASSOCHAM, Tally tie up to simplify GST for retail community

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The Associated Chambers of Commerce and Industry of India () and Tally Solutions Pvt. Ltd., the premier Indian software product company, have signed a Memorandum of Understanding (MoU) to demystify, educate and train the retail community for the roll out of the Goods and Services Tax () law in India.

ASSOCHAM, Tally tie up to simplify GST for retail community
ASSOCHAM & Tally plan to conduct a series of conferences for the retail community across the nation, over the next few months

The MoU was signed between Secretary General of ASSOCHAM, , and Chief Financial Officer of Tally Solutions Private Limited, Sathya Pramod.

ASSOCHAM & Tally plan to conduct a series of conferences for the retail community across the nation, over the next few months. Tax experts from Government bodies will be participating in these conferences to help clear the air about GST, by discussing the law and its implementation in these events. The conferences are designed to help the businesses shift from the existing taxation method and adapt to the new technology led law with ease.

Speaking on this occasion, Sathya Pramod, said, “Since the inception of GST discussion, Tally has been making constant efforts to demystify the new taxation policies for businesses and help with its smooth transition. This association with ASSOCHAM gives us a wider platform to reach out to the retail community and acquaint them with the technological changes that they need to adopt in the next few months. A thorough understanding of GST will allow these businesses to continue their functions comfortably post the roll out as well.”

D S Rawat added, “GST has created a lot of clamour in the business community given the technological changes required to comply with the law. The lack of clear knowledge at the grassroots level about the draft Bill is another reason for resistance by the smaller businesses in the Nation. We are happy to partner with Tally on this, as this provides our members a platform to understand the significance of this new taxation policy and make an easy transition towards it”

The first series in the conference will be held in Mumbai tomorrow and will continue till March 23, 2017. These camps will be held across 15 cities in India including Mumbai, Chennai, Delhi, Hyderabad, Pune, Indore, Cochin, Goa, Coimbatore, Jaipur, Lucknow, Dehradun, Bhubaneswar, Jammu and Guwahati.