GST reforms signal ease of business: USIBC

The rationalisation of tax slabs marks an important step towards building a simpler, transparent, and more efficient tax system, the US-India Business Council (USIBC) has said.

- Agencies New Delhi, 7 September

In a statement, USIBC said it looks forward to continuing its partnership with the government of India and its stakeholders to build on these reforms, foster greater bilateral trade and investment, and contribute to a more inclusive and sustainable economic future.

"Such forward-looking reforms not only improve the business climate in India but also send a strong signal to global investors about the country's commitment to fostering growth and ease of doing business," the Council said in the statement posted on X social media platform.