GST reforms to directly benefit farmers, traders, middle-class: Odisha CM https://www.taxtmi.com/news?id=54526 The GST Council approved a package including GST rate rationalisation, exemptions for life and health insurance and selected agri inputs, reduced rates on farm machinery and life saving medicines, restructuring and proposed sharing of compensation cess surplus between Centre and States, and a simplified online GST registration scheme for small and low risk businesses to lower compliance costs and broaden formalisation. en-us Thu, 04 Sep 2025 00:01:04 +0530 Thu, 04 Sep 2025 00:01:04 +0530 TaxTMI RSS Generator GST reforms to directly benefit farmers, traders, middle-class: Odisha CM https://www.taxtmi.com/news?id=54526 The GST Council approved a package including GST rate rationalisation, exemptions for life and health insurance and selected agri inputs, reduced rates on farm machinery and life saving medicines, restructuring and proposed sharing of compensation cess surplus between Centre and States, and a simplified online GST registration scheme for small and low risk businesses to lower compliance costs and broaden formalisation. News - Thu, 04 Sep 2025 00:01:04 +0530 https://www.taxtmi.com/news?id=54526