A further simplification of the Goods and Services Tax structure could help increase revenue and foster better tax compliance, according to N K Singh, chairman of the 15th Finance Commission, who also called for better coordination between the finance commission and GST Council to better monitor, scrutinize and optimize revenue.
Source: a2ztaxcorp.com
Latest Posts in "India"
- High-Value Transactions Now Automatically Reported to Tax Authorities, Even If Not Disclosed in ITR
- GST Compliance for CFOs: Strategic Risk Mitigation and Operational Efficiency in Indian Enterprises
- Supreme Court: Rooh Afza Classified as Fruit Drink, Attracts Only 4% VAT in UP
- India IRN vs Europe CTC: Key Differences in E-Invoicing Models, Clearance, and Reporting
- India’s 2026 E-Invoicing Rules: Turnover Limits, 30-Day Reporting, and Mandatory 2FA Explained













