GST reforms: CII hails PM Modi’s move; calls it a ‘visionary’ step for businesses

Aug 16, 2025 - 12:00
GST reforms: CII hails PM Modi’s move; calls it a ‘visionary’ step for businesses

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The Confederation of Indian Industry (CII) has lauded Prime Minister Modi's announcement of next-generation GST reforms, envisioning a simpler, more transparent tax regime. A high-powered committee will review the GST framework, potentially leading to a two-rate structure and correction of inverted duty structures.

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