GST Overhaul: Simplifying Taxes and Boosting the Economy
Published on: Sept. 7, 2025, 11:01 a.m. | Source: Devdiscourse
Prime Minister Narendra Modi initiated a major reform of the Goods and Services Tax (GST), resulting in simplified tax rates and compliance. Led by Finance Minister Nirmala Sitharaman, the changes focus on making the system more business-friendly, especially for small and medium enterprises. The new system reduces tax rates and simplifies processes.
