GST 2.0 Next-Gen Reforms: Five Major Overhauls Await GST Council's Nod On Oct 8

Over a year after the GST Council rationalised the tax rates under the indirect taxation regime, another key set of reforms are expected to be enacted at the panel's meeting scheduled on Oct. 8. The next-generation reforms, which will be deliberated upon by the state and central finance ministers, are aimed at removing structural bottlenecks, slashing compliance burdens and moving the country towards a trust-based tax architecture.

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