After Prime Minister Modi's Independence Day announcement, all eyes are on GST 2.0. The federal government plans to chop slabs from 4 to 2, cut back taxes on necessities and aspirational items, and simplify compliance. Business our bodies are calling it a long-overdue reset. The GST Council meets in September to finalise the roadmap. What does this imply for costs, small companies, and customers? Right here's what to anticipate earlier than Diwali.
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