https://www.taxtmi.com/news?id=16407 Passage and implementation of Goods and Services Tax is presented as a central reform to subsume indirect levies, remove cascading taxation, widen the tax base and integrate goods and services markets to support medium term growth; complementary measures include liberalisation of foreign direct investment, new insolvency and bankruptcy legislation, fiscal incentives for infrastructure and manufacturing, and programmes to promote entrepreneurship, digitalisation and improved policy transparency to strengthen private investment and the ease of doing business. en-us Fri, 22 Jul 2016 18:56:03 +0530 Fri, 22 Jul 2016 18:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16407 Passage and implementation of Goods and Services Tax is presented as a central reform to subsume indirect levies, remove cascading taxation, widen the tax base and integrate goods and services markets to support medium term growth; complementary measures include liberalisation of foreign direct investment, new insolvency and bankruptcy legislation, fiscal incentives for infrastructure and manufacturing, and programmes to promote entrepreneurship, digitalisation and improved policy transparency to strengthen private investment and the ease of doing business. News - Fri, 22 Jul 2016 18:56:03 +0530 https://www.taxtmi.com/news?id=16407