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Core Banking Applications For Gst Network: Customers' Awareness And Adaptability

Authors: K. Malathy; Dr. Subhashinisrivatsa;

Core Banking Applications For Gst Network: Customers' Awareness And Adaptability

Abstract

Core Banking Solutions were installed by the bankers’ long back in 1970’s to meet the requirements of the customers anywhere and at any time electronically as well as through other branches and banks. Core Banking channels enable the customers to conduct their banking transactions directly without approaching the bank branches. With the launching of Digital India campaign by the Indian Prime Minister Sri Narendra Modi on 2nd July 2015, the concept of Core banking received greater momentum in India. Channels of Core Banking, particularly Internet banking, ATMs, RTGS/NEFT are highly useful for making all sorts of payments including payment of GST. GSTN (Goods and services Tax Network) is a non profit non government organisation vested with the powers to administer GST in India. It is the technology backbone for GST in India. For the payment of GST, one has to register under GSTN (Goods and Service Tax Network) and obtain GSTIN (Goods and Service Tax Identification Number) from this organisation. This paper is an attempt made to study the opinions of businessmen in general regarding GSTN registration and what role Core banking channels like Internet banking, Debit Cards/Credit cards; NEFT/RTGS play in meeting their requirements as regards payment of GST. Study is based on the opinions of selected businessmen of Mangaluru city. Opinions of 100 respondents are collected by using a questionnaire. Study is empirical and descriptive in nature. Secondary data is incorporated from newspapers and internet.

{"references": ["1.\tEconomic Times Sept.21, 2016 2.\tMilandeep Kour, Kajal Chaudhary, Surjan Singh, Baljinder Kaur (2016) \"A Study on impact of GST after its implementation\" International Journal of Innovative Studies in Sociology and Humanities, Volume: 1 Issue: 2 | November 2016 3.\tMohamad Ali Roshidi Ahmad, Zuriadah Ismail, and Hazianti Abdul Halim (2016) \"Awareness and Perception of Taxpayers towards Goods and Services Tax (GST) Implementation\" International Journal of Academic Research in Business and Social Sciences 2016, Vol. 6, No. 11 ISSN: 2222-6990 4.\tTimes of India 1st July 2015 5.\tShefali Dani (2016) \"A Research Paper on an Impact of Goods and Service Tax (GST) on Indian Economy\" Business and Economics Journal November 20, 2016, ISSN: 2151-6219 6.\tSonia (2017) \"GST in India & Its Impact on Common Man\" International Journal of Enhanced Research in Management & Computer Applications ISSN: 2319-7471, Vol. 6 Issue 7, July-2017, Impact Factor: 3.578 7.\thttps://en.wikipedia.org/wiki/Goods and Services Tax (India) 8.\thttps://cleartax.in/s/what-is-gstn"]}

Keywords

Core Banking, GST (Goods and Service tax), GSTN (Goods and Service Tax Network), GSTIN (Goods and Service Tax Identification Number), Customers Awareness & Adaptability, Core Banking, GST (Goods and Service tax), GSTN (Goods and Service Tax Network), GSTIN (Goods and Service Tax Identification Number), Customers Awareness & Adaptability

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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
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