New Delhi, Aug. 15 -- The Prime Minister Narendra Modi, on the occasion of 79th Independence Day, highlighted how Goods and Services Tax (GST), implemented in 2017, is a significant reform which has benefited the nation.

The Prime Minister underscored the importance of the next generation of reforms under GST, which brings relief to the common man, farmers, middle class and MSMEs.

To build an 'Atmanirbhar Bharat', the Central Government is proposing significant reforms in GST. It will be focused on 3 pillars, namely

The Central Government has sent its proposal on GST rate rationalisation and reforms to the Group of Ministers (GoM) constituted by the GST Council to examine this issue.

Key areas identified for next-generation reforms in...