"GST reforms shaping India's economic future" by Dhanendra Kumar, Chairman, COMPAD
"GST reforms shaping India's economic future" by Dhanendra Kumar, Chairman, COMPAD
August 09 2024       "GST reforms shaping India's economic future" by Dhanendra Kumar, Chairman, COMPAD

The introduction of the Goods and Services Tax (GST) in 2017 marked a pivotal moment in the nation's economic history, fundamentally reshaping the indirect tax system by unifying multiple taxes into a single, streamlined framework. It replaced a complex structure of indirect taxes like Service Tax, Central Excise Duty, and Value Added Tax (VAT) with a comprehensive taxation system, with the objective of simplifying compliance and enhancing the ease of doing business (EoDB) across the country.
 
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