GST@ 8: Drawing the roadmap to 2035 

Simplification of the tax system and reducing the complexities of multiple tax rates would help the government bring more businesses under the ambit of GST and increase the tax base with improved compliance without levying higher rate of taxes on necessities, notes BDO India’s Karthik Mani, in our ‘GST@8’ series marking eight years of GST in India.As the Goods and Services Tax (GST) enters its eighth anniversary, it stands as one of independent India’s most far-reaching tax reforms. Since its rollout in 2017, GST has steadily dismantled the complexities of the pre-existing indirect tax system, unified India’s internal market, and enhanced supply chain competitiveness along with ease of doing business. At completion of eight years of this introduction, it is time to envisage the road ahead. Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offersBecome A Member

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