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World · · 1 min read

Faster registration, easier refunds: Reform rollout with GST 2.0

GST Council plans to unveil substantial reforms aimed at improving business processes and facilitating growth. The proposed changes involve streamlined registration, easier refunds, and a more efficient input tax credit system. Decriminalisation measures are also proposed to alleviate issues for businesses with minor offenses. A focus is on reducing discretionary practices and using technology to minimize…

Read original on The Times of India — Top Stories