ReferIndia News GST Reforms to Impact Consumer Goods, Business Compliance, and Economy

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GST Reforms to Impact Consumer Goods, Business Compliance, and Economy

Published on: Sept. 3, 2025, 8:25 p.m. | Source: Devdiscourse

The GST Council, led by Finance Minister Nirmala Sitharaman, has initiated reforms to overhaul the GST system. Key proposals include reducing tax rates on common-use items to stimulate spending and take measures to ease compliance. The council aims to counter the economic impact of US tariffs.

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