Swift Summary
Indian Opinion Analysis
without access to the full article, detailed analysis of the reported GST reforms cannot be provided. Though, if true, simplification of GST slabs from multiple rates into two distinct percentages (5% and 18%) could represent a critically importent policy shift aimed at streamlining tax management and improving compliance. The potential economic implications would depend on which goods or services are categorized under each slab and how this impacts both consumers and businesses alike. Any such reform would need careful balancing to ensure affordability for essential goods while supporting revenue generation for national advancement.
read more: NDTV Link