Tax reforms in four years of Modi govt: GST makes tax evasion tougher
GSTN glitches notwithstanding, the goods and services tax added more indirect tax payers to the Indian economy, brought tax transparency and reduced taxes on many mass-use goods
New Delhi: India’s biggest tax reform since Independence of replacing a convoluted indirect tax system at Union and state levels with a simpler code and dismantling regional trade barriers to create a single $2.6 trillion market succeeded in its broad objectives, but with inevitable disruptions.
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