https://www.taxtmi.com/news?id=19121 The Goods and Services Tax simplifies tax compliance and widens the domestic market by eliminating multiple return filings, rationalising rates, and reducing inspector-driven enforcement, thereby easing trade and inter-state transactions. GST and demonetisation are described as structural reforms with medium- and long-term benefits, though each caused short transitional impacts on output-GST largely from corporate de-stocking-reflected in quarterly GDP movements. en-us Fri, 01 Dec 2017 19:03:12 +0530 Fri, 01 Dec 2017 19:03:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19121 The Goods and Services Tax simplifies tax compliance and widens the domestic market by eliminating multiple return filings, rationalising rates, and reducing inspector-driven enforcement, thereby easing trade and inter-state transactions. GST and demonetisation are described as structural reforms with medium- and long-term benefits, though each caused short transitional impacts on output-GST largely from corporate de-stocking-reflected in quarterly GDP movements. News - Fri, 01 Dec 2017 19:03:12 +0530 https://www.taxtmi.com/news?id=19121