GST reforms refer to changes in the Goods and Services Tax system. This tax aims to streamline indirect taxation in India. It replaces multiple taxes with a single tax structure. The reforms enhance compliance and reduce tax evasion. They simplify the tax process for businesses. These changes aim to boost economic growth and improve revenue collection for the government.
The formulation of the 2026–27 Union Budget comes at a moment of unusual contrast. Externally, global uncertainty has intensified due to geopolitical tensions and steep US tariff barriers....
India’s micro enterprises — the smallest but most employment-intensive segment of the economy — have placed a detailed set of demands before the Centre ahead of the Union...
