gst-reforms:-cii-hails-pm-modi’s-move;-calls-it-a-‘visionary’-step-for-businesses

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.