June 30, 2021 8:14 PM
Govt to honour tax payers contributing to GST success story
GST is a historic tax reform introduced on the 1st of July 2017. Over the years there has been a reduction in the tax rates, simplification of procedures and a growing economy has also led to an exponential increase in the tax base. GST revenues have steadily grown and have been above the one lakh crore mark for eight consecutive months in a row. On the eve of completion of four years of the GST, Finance Ministry said, government will honour 54, 439 taxpayers. More than 88 per cent of th...