GST2

Amit Shah Signals “GST 2.0”: Major Overhaul on the Horizon

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Amit Shah Signals “GST 2.0”: Major Overhaul on the Horizon

Home Minister Amit Shah has announced that India is on the cusp of a significant overhaul of its Goods and Services Tax (GST) system, signaling the advent of what’s being dubbed “GST 2.0.” This next phase aims to refine the existing tax structure, which was introduced in July 2017 to unify India’s fragmented indirect tax … Read more

GST Overhaul on the Horizon: Finance Ministry Discusses Simplification with Industry

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GST Overhaul on the Horizon: Finance Ministry Discusses Simplification with Industry

The Indian finance ministry is in talks with industry leaders about GST 2.0, a potential overhaul of the Goods and Services Tax. With GST nearing its eighth anniversary in July, the aim is to simplify the complex tax structure and address existing challenges. Why the Push for GST 2.0? Currently, India’s GST operates with multiple … Read more