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8 Years of GST, India's Key Indirect Tax Reform

  • India completed eight years of Goods and Services Tax implementation on July 1, 2025, marking a major indirect tax reform.
  • The GST was introduced on July 1, 2017, to replace multiple indirect taxes with a unified system to simplify compliance and unify markets.
  • GST collections reached a record Rs 2.37 lakh crore in April 2025 and Rs 2.01 lakh crore in May, reflecting steady revenue growth and improved compliance.
  • Prime Minister Modi called GST a landmark reform reshaping India's economy, while Rahul Gandhi criticized it as a 'compliance nightmare' that favors corporates over common citizens.
  • The government plans to rationalize tax slabs, widen the tax base including petroleum, and streamline compliance to improve GST's efficiency and ease of doing business.
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The New Indian Express broke the news in India on Monday, June 30, 2025.
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