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IMF asks India to consider simplifying GST structure

Not long after the introduction of the new GST rules in India, The IMF has prepared a report in which (among other things) they recommend India to simplify and streamline the GST structure.

Full IMF Report: HERE (Summary with key policy recommendations on page 6)

“Key Policy Recommendations: (…)

– Continued fiscal consolidation is needed to lower elevated public debt levels, supported by simplifying and streamlining the GST structure.”

Source: a2zTaxCorp

 

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