President Ram Nath Kovind today hailed the Goods and Services Tax as the gigantic reform, which has promoted the ease of doing business and enhanced tax compliance. <br />''<br />''Addressing the Platinum Jubilee Celebrations of Institute of Chartered Accountants of India in New Delhi, the President said, new tax regime has reduced prices of many categories of goods and services and benefited consumers and end-users. <br />''<br />''Mr Kovind said, GST has simplified procedures for small and medium entrepreneurs. He congratulated all citizens and every stakeholder for the successful rollout of the GST.