A STUDY ON PERCEPTION OF GOODS AND SERVICES TAX ON FACILITATE MANAGEMENT COMPANIES

Yashwanth K; Anisha J

doi:10.36948/ijfmr.2025.v07i03.43465

A STUDY ON PERCEPTION OF GOODS AND SERVICES TAX ON FACILITATE MANAGEMENT COMPANIES

Author(s)	Mr. Yashwanth K, Mrs Anisha J
Country	India
Abstract	India's implementation of the Goods and Services Tax (GST) was aimed at maximizing the system of indirect taxation for more administrative control and economic efficacy. The thrust of this GST research lies in understanding, deployment and satisfaction of facility management companies as employees serving providers in the SST ecosystem. The research evaluates their understanding of the laws, efficacy of their deployment methods, and satisfaction level. As became apparent through surveys and interviews, although most viewed GST as a move towards simplification and more transparency, continuous policy changes, technical issues, and higher compliance costs created important gaps. The study's result shows that there is a greater requirement for post-implementation training, more active government support, and better technological solutions. Besides, cooperation between the tax authorities and the employees must be enhanced to safeguard employees from undue compliance burdens. Several report to the reengineered processes that the GST has raised overall operating productivity; nonetheless, the systems must be updated constantly. Such studies further observe that big companies acclimatize easily to the changes, whereas small companies face financial and technical impediments. Generally this study
Keywords	Goods and Service Tax (GST), indirect taxation, Economic efficiency
Field	Business Administration
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-05-04
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.43465
Short DOI	https://doi.org/g9hsft

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A STUDY ON PERCEPTION OF GOODS AND SERVICES TAX ON FACILITATE MANAGEMENT COMPANIES

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