New Delhi, Sept. 4 -- Industry body PHDCCI welcomed the GST council's rationalisation move, terming it as a 'milestone in India's tax reforms.'Hemant Jain, President, PHDCCI, said, "The implementation of GST rate rationalisation from September 22, 2025, marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency-creating a virtuous cycle of growth, stability, and fiscal strength."" This reform will boost business confidence and drive the next phase of economic expansion," Jain added.
Published by HT Digital Content Services with permission from United News of India....