https://www.taxtmi.com/news?id=19801 Introduction of Goods and Services Tax established a unified national indirect tax regime that removed multiple cascading levies to simplify taxation and promote ease of doing business. Post-implementation indicators cited include increased company registrations, accelerated industrial activity measured by the Index of Industrial Production, and stronger corporate sales growth, presented as early evidence that the reform fosters formalization, price reduction through elimination of tax-on-tax effects, and enhanced competitiveness for businesses. en-us Sat, 24 Mar 2018 10:34:35 +0530 Sat, 24 Mar 2018 10:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19801 Introduction of Goods and Services Tax established a unified national indirect tax regime that removed multiple cascading levies to simplify taxation and promote ease of doing business. Post-implementation indicators cited include increased company registrations, accelerated industrial activity measured by the Index of Industrial Production, and stronger corporate sales growth, presented as early evidence that the reform fosters formalization, price reduction through elimination of tax-on-tax effects, and enhanced competitiveness for businesses. News - Sat, 24 Mar 2018 10:34:35 +0530 https://www.taxtmi.com/news?id=19801