GST reforms to provide relief to families, ease compliance for businesses: India Inc
New Delhi: India Inc on Thursday hailed the GST Council’s “forward-looking decisions” –moving to two rates of 5 per cent and 18 per cent from 22 September, simplifying refunds and MSME procedures, and exempting individual life and health insurance from the indirect tax regime. Industry bodies said the clarity will ease compliance, reduce litigation, and…
