GST Reform Boosts Trade, Expands Tax Base, Reduces Rates, and Offers Rs. 80,000 Crore Annual Relief to Consumers.
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Indian Laws
GST, the biggest taxation reform, led to increase in tax base, higher collections and ease of trade Rates continuously reduced providing relief of about ₹ 80,000 crore annually to consumers Most items of daily use of poor and middle class now in the 0% or 5% tax slab Average GST collection in the current financial year stands at ₹ 97,10
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