https://www.taxtmi.com/news?id=53431 Next-generation GST reform is presented as an imminent initiative to simplify indirect tax law and reduce prices, to be completed before Diwali, forming part of a broader package of reforms to increase manufacturing, boost market demand, and improve Ease of Doing Business. The summary links fiscal and macroeconomic stability-lower fiscal deficit, controlled inflation, stronger banks, and healthy forex reserves-to the government's capacity for further structural reform, and calls for private-sector R&D in strategic technologies to support a self-reliant industrial strategy and export expansion. en-us Sat, 23 Aug 2025 23:16:03 +0530 Sat, 23 Aug 2025 23:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53431 Next-generation GST reform is presented as an imminent initiative to simplify indirect tax law and reduce prices, to be completed before Diwali, forming part of a broader package of reforms to increase manufacturing, boost market demand, and improve Ease of Doing Business. The summary links fiscal and macroeconomic stability-lower fiscal deficit, controlled inflation, stronger banks, and healthy forex reserves-to the government's capacity for further structural reform, and calls for private-sector R&D in strategic technologies to support a self-reliant industrial strategy and export expansion. News - Sat, 23 Aug 2025 23:16:03 +0530 https://www.taxtmi.com/news?id=53431