Poornaprajna Institute of Management, Udupi

Alumni Talk- GST-Opportunities and Challenges by Mr. Umesh Badhya , General Manager, Udaya Group of Industries ltd. Udupi. ries ltd. Udupi.

Alumni Talk- GST-Opportunities and Challenges by Mr. Umesh Badhya , General Manager, Udaya Group of Industries ltd. Udupi. ries ltd. Udupi.
Mar 05, 2019 Events 0 Comments

'Alumni Talk' session was held at PIM on 5th March 2019 at Prajna Hall.  Mr. Umesh Badhya, the second batch student (20070-09) batch, was the resource person for the session.  He addressed the students on the topic "GST- Opportunities and Challenges".  Mr. Umesh Badhya is the General Manager of Udaya Group of Industries Ltd. Udupi.  He is also the Joint Secretary of the PIM Alumni Association, Udupi.  Mr. Badhya took time out of his busy schedule to be with PIM students and conducted a fruitful interactive session, educating the current students about the practical utility, complexities involved in the implementation of GST.  GST is no doubt a GOOD Tax but it is not 'SIMPLE' as projected he stated.  He explained with a lot of practical examples of how GST is beneficial to both manufacturers and Consumers. He made a comparison between the old system of taxation with multiple tax systems and the current system of GST.  GST will not be abolished and we will live with it more many more years . It is not just relevant for finance students, but the knowledge and application are equally important to Human Resource and Marketing Specialisation students. He illustrated the application of GST in HR and Marketing areas too with practical examples from the area of business.  Though GST is Good taxation system, is full of complexities and has resulted in the number of problems in implementation.  Efforts have to be made to ease the implementation of GST he stated.  Mr. Umesh Badhya urged the students to accumulate more knowledge and to study in depth about the different aspects of the business. 

Leave Comment

Your email address will not be published. Required fields are marked *