Economy

‘GST will help India achieve 9% growth’

Our Bureau New Delhi | Updated on January 12, 2018 Published on June 06, 2017

NITI Aayog CEO Amitabh Kant at the launch of ‘Bizguru’, in New Delhi on Tuesday   -  Ramesh Sharma

NITI Aayog CEO launches one-stop, plug-and-play GST solution

GST will help India achieve 9 per cent growth rate, NITI Aayog CEO Amitabh Kant said on Tuesday at an event to launch Bizguru, a one-stop plug-and-play solution for “seamless transition” to the GST regime.

The solution, launched by the Confederation of All India Traders (CAIT), is powered by Acer. It has a pre-installed ERP solution from accounting software company Tally.

BizGuru is designed for the non-corporate sector and allied verticals, a CAIT release said.

“Traders are an important element of the successful rollout of GST, and hence it is essential that they have affordable and integrated access to a combination of hardware and software,” said Kant.

“Traders will have to merely switch on the solution and they can get up and running with accounting and GST compliance,” said Praveen Khandelwal, Secretary General of CAIT.

He added that CAIT had partnered with HDFC Bank to equip traders with financial tools and resources to facilitate easier transition to digital payments.

Tejas Goenka, Executive Director, Tally Solutions, said: “We realised that many traders have not felt the need to automate, but with GST this will be difficult to live without because of the need to upload transactions for invoice matching. We are happy to have come together with CAIT and Acer to deliver BizGuru.”

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Published on June 06, 2017
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