GST : Driving India's Economic Growth
The Goods and Services Tax (GST), implemented on 1 July 2017, stands as one of India’s most ambitious economic reforms. Designed to replace a maze of central and state-level indirect taxes, GST introduced the principle of “One Nation, One Tax”, creating a unified national market and modernizing India’s tax architecture. GST came into force on the midnight of 1 July 2017, following the passage of the 101st Constitutional Amendment Act. The reform marked a historic shift from a fragmented tax structure to a unified, technology-driven system.
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