https://www.taxtmi.com/news?id=18298 Implementation of the Goods and Services Tax establishes a unified indirect tax framework replacing multiple state and central levies, harmonising taxation to eliminate cascading tax-on-tax effects and integrate the national market. The regime emphasises standardized rates, streamlined digital filing, and greater transparency to simplify compliance, curb corruption, and support cooperative federalism through joint central-state decisionmaking on rates and rules. en-us Sat, 01 Jul 2017 13:25:16 +0530 Sat, 01 Jul 2017 13:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18298 Implementation of the Goods and Services Tax establishes a unified indirect tax framework replacing multiple state and central levies, harmonising taxation to eliminate cascading tax-on-tax effects and integrate the national market. The regime emphasises standardized rates, streamlined digital filing, and greater transparency to simplify compliance, curb corruption, and support cooperative federalism through joint central-state decisionmaking on rates and rules. News - Sat, 01 Jul 2017 13:25:16 +0530 https://www.taxtmi.com/news?id=18298