<h1>IMF Advises 15th Finance Commission on Boosting GST Revenue Through Tax Rate Reforms and Improved Compliance.</h1> The 15th Finance Commission received a presentation from the International Monetary Fund (IMF) team on resource mobilization strategies for the next five years. Discussions, chaired by the Finance Commission's Chairman, focused on enhancing tax resources, particularly through improved GST revenue. Current collections are notably below the potential revenue frontier identified through comparative analysis. The IMF suggested that rationalizing the tax rate structure and enhancing compliance and collection efficiency could significantly improve revenue. Various policy options to achieve these improvements were explored during the meeting.