Focus of GST on promoting ease of doing biz, ensuring better compliance

  • Posted on July 1, 2025
  • By Business News Today
  • 1 Views
Focus of GST on promoting ease of doing biz, ensuring better compliance

Entering its ninth year, India's Goods and Services Tax (GST) prioritizes ease of business, stronger compliance, and broader economic inclusion. GST collections hit a record ₹22.08 lakh crore in 2024-25, marking a 9.4% year-on-year growth. The unified tax system has streamlined processes, reduced costs, and increased transparency, fostering a common national market and driving economic progress.
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