Bhubaneswar, Sept. 6 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/GST_1756955559.jpeg
The latest Goods and Services Tax (GST) reform, billed as the biggest overhaul since its introduction in 2017, has compressed the four existing tax slabs into two, a move that experts say will directly boost India's economy and create new employment opportunities.
Rajib S Sahoo, financial expert and Chairman of the Indian Chamber of Commerce (ICC) in Odisha, said the timing of the reform is significant as India faces challenges in the international market, particularly in exports to the United States.
"This will boost domestic consumption, industrial output due to increased demand, and will give a cyclic cascading effect for improving e...