ET Graphics: The GST playbook — milestones over 9 years

India's goods and services tax, or GST, has undergone significant changes over the past nine years since its rollout in 2017. The tax regime has evolved into a more digitised and predictable system, with updates to tax rates, slabs, compliance, and technology. This transformation has reshaped how businesses manage indirect taxes and interact with the tax administration, making the system more efficient. The changes are expected to have a positive impact on India's economy, with improved tax compliance and reduced administrative burdens for businesses.

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The article provides a historical overview of the GST reforms, but does not provide any new information that could impact the market. The reforms have already been implemented, and their effects are already being felt.

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