Report on SUPER GST – SUPER SAVINGS (GST 2.0)
Report on SUPER GST – SUPER SAVINGS (GST 2.0) Introduction As per the instructions of the Principal, Dr. K. Vijaya babu , and in accordance with the Academic Calendar , SUPER GST – SUPER SAVINGS Awareness programme was conducted from 7th October 2025 . The Goods and Services Tax (GST), introduced on 1st July 2017, is India’s most significant indirect tax reform since Independence. By bringing together multiple central and state taxes into a single, unified system, GST created a common national market, reduced the cascading of taxes, simplified compliance, and improved transparency. Over eight years, GST has steadily evolved through rate rationalization and digitalization, becoming the backbone of India’s indirect tax framework. The 56th meeting of the GST Council, chaired by Union Finance Minister Smt. Nirmala Sitharaman has now approved Next-Gen GST reforms, with focus on improving the lives of the common man and ...