New Delhi, Sept. 20 -- The landmark introduction of the Goods and Services Tax (GST) in 2017 converted India's domestic market, fragmented by multiple regional taxes and border checkpoints, into a single entity.

Eight years down the line, the tax regime is undergoing a significant revamp, which takes effect on Monday, 22 September. It is expected to boost India's biggest growth driver - private final consumption expenditure or household spending. Official estimates suggest it could lead to Rs.2 trillion of extra consumption demand.

Mint takes a close look at what GST 2.0 means for the Indian economy, how businesses should navigate the changes, and how consumers can ensure they benefit from the tax cuts.

GST offers transparency to consu...