Next-Gen GST & India’s Next Phase of Growth

Next-Gen GST and India’s Next Phase of Growth

India’s ambition to become a Viksit Bharat requires an economy in which enterprises of every size can grow, wherever they begin. Over the past twelve years, our government has worked to create those conditions. GST’s introduction in 2017 established a common national framework for indirect taxation. Next-Gen GST carries that effort forward, drawing on nine years of implementation and the experience of taxpayers and States. Under Prime Minister N…

Next-gen GST & India’s next phase of growth

Nirmala Sitharaman India’s ambition to become a Viksit Bharat requires an economy in which enterprises of every size can grow, wherever they begin. Over the past 12 years, our government has worked to create those conditions. The GST’s introduction in 2017 established a common national framework for indirect taxation. Next-Gen GST carries that effort forward, drawing on nine years of implementation and the experience of taxpayers and states. Und…

PM backs Next-Gen GST push for simpler compliance and greater business certainty

Prime Minister Narendra Modi, on Monday, backed the government’s next phase of Goods and Services Tax (GST) reforms, saying the proposed changes would make taxation simpler and more predictable, ease compliance and improve the refund process, thereby giving businesses greater confidence to invest and expand as India pursues the goal of a “Viksit Bharat”. Sharing a post by union Finance and Corporate Affairs Minister Nirmala Sitharaman on social …