<h1>Finance Minister: GST Simplifies Business, Reduces Compliance, Boosts Growth to 6.3% After Initial Short-Lived Impact.</h1> The Finance Minister stated that the Goods and Services Tax (GST) has simplified business operations by enlarging the market and reducing tax compliance for traders. He highlighted that GST and demonetization are structural reforms poised to benefit the economy in the medium to long term. The economy's growth rate rebounded to 6.3% in the July-September period, reversing a previous decline. GST has reduced the need for multiple tax filings and minimized interactions with tax inspectors. The impact of demonetization and GST was short-lived, affecting only a few quarters, with long-term economic benefits anticipated.