Given $x\in\mathbb{Q}_p^*$, we can write $x=p^nu$ where $n\in\mathbb{Z}$ and $u\in\mathbb{Z}_p^*$. Then we can decide whether or not $x$ is a square by looking at $n$ and $u$. If $p\neq 2$ then $x$ is a sqaure if and only if the "first component" of $x$ is a square as a member of $\mathbb{F}_p^*$ and $n$ is even. If $p=2$ then $x$ is a square if and only if $n$ is even and $u\in1+8\mathbb{Z}_p$.
Is there a similar characterization of when $x\in\mathbb{Q}_p^*$ is an $m$-th power?
Incomplete Answer: At least for the cube root case, this - like the square root case - follows from a theorem of Katok (2007). You can also get nice approximations in both the square root case and cube root case.
For more details on the above, see (link):
Ignacio, P. S., Addawe, J., Alangui, W., & Nable, J. (2013). Computation of Square and Cube Roots of $p$-Adic Numbers via Newton-Raphson Method. Journal of Mathematics Research, 5(2), p. 31.