LatestStartup And Fundraising 30 June 2026
GST Reform
India Inc has backed the Goods and Services Tax reform and is seeking an AI-driven GST 2.0, the GST taxpayer base has more than doubled from 66.5 lakh in 2017 to around 1.6 crore in 2026, reflecting increased compliance and wider economic participation, India Inc believes that the GST reform has been successful and is now seeking to leverage technology to further improve the tax system
The GST taxpayer base has more than doubled from 66.5 lakh in 2017 to around 1.6 crore in 2026, reflecting increased compliance and wider economic participation. Key features of the proposed GST 2.0 include:
- *AI-driven* tax compliance systems
- *Simplified* tax filing processes
- *Improved* tax dispute resolution mechanisms. India Inc believes that the GST reform has been successful and is now seeking to leverage technology to further improve the tax system
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