New Delhi, Oct. 5 -- Prime Minister Narendra Modi, on Monday, backed the government's next phase of Goods and Services Tax (GST) reforms, saying the proposed changes would make taxation simpler and more predictable, ease compliance and improve the refund process, thereby giving businesses greater confidence to invest and expand as India pursues the goal of a "Viksit Bharat".
Sharing a post by union Finance and Corporate Affairs Minister Nirmala Sitharaman on social media platform X, Modi said, "Next-Gen GST is making taxation simpler and more predictable while supporting businesses and households."He said the reforms were helping expand economic activity, strengthen revenues and create more opportunities for enterprises across the country....