https://www.taxtmi.com/news?id=52785 Proposed GST reforms rest on three pillars: structural reforms to correct inverted duty structures and resolve classification disputes while ensuring rate stability; rate rationalisation to reduce taxes on common and aspirational goods and converge slabs into a standard and merit structure using fiscal space from the end of compensation cess; and ease-of-living measures including technology-driven registration, pre-filled returns, and expedited automated refunds. The Centre has sent these proposals to the Group of Ministers and seeks State cooperation and GST Council deliberation to enable early implementation. en-us Mon, 18 Aug 2025 17:14:45 +0530 Mon, 18 Aug 2025 17:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52785 Proposed GST reforms rest on three pillars: structural reforms to correct inverted duty structures and resolve classification disputes while ensuring rate stability; rate rationalisation to reduce taxes on common and aspirational goods and converge slabs into a standard and merit structure using fiscal space from the end of compensation cess; and ease-of-living measures including technology-driven registration, pre-filled returns, and expedited automated refunds. The Centre has sent these proposals to the Group of Ministers and seeks State cooperation and GST Council deliberation to enable early implementation. News - Mon, 18 Aug 2025 17:14:45 +0530 https://www.taxtmi.com/news?id=52785