India’s proposed GST 2.0 reforms seek to streamline the indirect tax system by merging slabs, lowering rates on consumer goods, and simplifying compliance. The reforms are expected to spur consumption, ease inflationary pressures, and strengthen India’s global competitiveness. Yet, consensus remains challenging due to the federal nature of GST, with states relying heavily on revenues … Continue reading GST 2.0 reforms: Consumption gains vs revenue concerns