How Lower GST Rates are Powering India’s Business and Consumer Boom: A Complete Overview - Trade Brains

Introduced on 1st July 2017, the Goods and Services Tax (GST) is the country’s most important indirect tax system since Independence. GST has created a common national market by combining various central and state taxes into one unified system, which not only reduced the cascading effects of taxes but also simplified compliance and improved transparency.  By combining the GST rates into two m…