LatestGoods & Service Tax (GST) 25 July 2026
GST Performance
The GST has shown its best quarterly performance in five years, the idea behind it is to solve the problem of destination-based tax, Integrated GST was built to solve this issue, it is designed to make tax simpler and easier to understand and pay, the tax system has been improved over time
The GST has been performing well, with its best quarterly performance in five years. The main idea behind GST is to make tax simpler and easier to understand and pay.
- It is designed as a destination-based tax.
- The Integrated GST (IGST) was built to solve the problem of tax on interstate transactions.
The tax system has been improved over time to make it more efficient and easier to use.
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