The 57th GST Council meeting will be held in Delhi on Thursday, with the Council expected to discuss GST compliance, refunds, dispute resolution and input tax credit reforms.
Mumbai: Mukesh D Ambani, Chairman and Managing Director of Reliance Industries Limited and Reliance Retail, India’s largest retailer, on Thursday welcomed the Government of India’s second-generation reforms of the Goods and Service Tax (GST) rates that will serve as a “big booster to India’s economic growth.” Congratulating Prime Minister Narendra Modi for delivering on his.
New Delhi: The sweeping changes have been made under the next-generation GST (Goods and Services Tax) rationalisation just days after Prime Minister Narendra Modi announced it from the ramparts of the Red Fort on Independence Day. This is aimed at reducing the tax burden on citizens while stimulating economic growth. The GST Council, on Wednesday,.
The announcement of next-generation GST reforms as a “Diwali gift” is a major step towards improving tax efficiency, enhancing compliance, and simplifying processes, according to industry chambers.
