In the 54th GST Council meeting, a uniform tax rate of 18% was implemented to simplify compliance and support small businesses.

Committies and Meeting

The 54th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, took place in New Delhi, addressing key taxation issues. The council decided to implement a uniform tax rate of 18% on certain goods and services, aiming to simplify compliance. Additionally, it approved measures to enhance the efficiency of the GST network, focusing on digitalization and taxpayer services. The council emphasized the importance of revenue collection and announced initiatives to support small businesses. The meeting concluded with a commitment to further streamline processes and encourage transparency in GST operations across the country.


      The council also discussed strategies to reduce compliance costs and enhance awareness programs for taxpayers nationwide.

      The council proposed a review of current GST slabs to ensure fair taxation and improve revenue distribution.

     

 

     


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