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GST Rationalisation Could Boost India's Revenue in Long Term: S&P
August 20, 2025
|Business Standard
S&P Global Ratings has said the goods and services tax (GST) rationalisation announced by Prime Minister Narendra Modi could bolster revenues over time by making compliance easier and accounting more transparent under a proposed two-rate structure.
"The current GST regime is quite complex, with four different rates, which makes accounting and implementation difficult at times," an S&P analyst said during a webinar on the agency's recent upgrade of India's sovereign credit rating.
هذه القصة من طبعة August 20, 2025 من Business Standard.
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