GST Council Proposes Streamlined Compliance and Revised Tax Slabs.

Economy Business

In a significant move to streamline and improve the goods and services tax (GST) framework, the GST Council, chaired by Finance Minister Nirmala Sitharaman, convened its 53rd meeting on June 22, 2024. The Council’s recommendations encompass a broad range of adjustments, from GST rate changes on goods and services to measures aimed at facilitating trade and reducing litigation.


      The Council proposed streamlined tax compliance procedures to reduce administrative burdens on businesses.

      GST Council recommended revising tax slabs to boost economic growth and enhance revenue collection.

     

 

     


About GST Council,

Head : Nirmala Sitharaman
Headquarters: New Delhi
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