https://www.taxtmi.com/news?id=55123 GST 2.0 is presented as a programme of tax rationalisation designed to stimulate aggregate demand, simplify compliance, and widen the formal tax base by recalibrating rates and exemptions for essentials and consumer goods, resolving classification disputes, and encouraging a shift from informal to formal economic activity, with short-term revenue adjustments anticipated to be offset by medium-term collection gains from improved compliance and higher consumption. en-us Tue, 09 Sep 2025 19:31:04 +0530 Tue, 09 Sep 2025 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=55123 GST 2.0 is presented as a programme of tax rationalisation designed to stimulate aggregate demand, simplify compliance, and widen the formal tax base by recalibrating rates and exemptions for essentials and consumer goods, resolving classification disputes, and encouraging a shift from informal to formal economic activity, with short-term revenue adjustments anticipated to be offset by medium-term collection gains from improved compliance and higher consumption. News - Tue, 09 Sep 2025 19:31:04 +0530 https://www.taxtmi.com/news?id=55123