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Transforming Taxation: Role of GST and Corporate Tax Reform in India’s Economic Growth

21 August 2025Vanshika verma
Transforming Taxation: Role of GST and Corporate Tax Reform in India’s Economic Growth

Transforming Taxation: Role of GST and Corporate Tax Reform in India’s Economic Growth

The economy of India is rapidly increasing and modernising, creating new opportunities for businesses and global investors.

Smart tax reforms such as the Goods and Services Tax (GST) and lower corporate taxes are reconstructing how businesses currently operate. These new updates have merged the market, reduced costs and simplified compliance with regulations. The main objective of this is to create a stable, fair and competitive tax system that attracts long-term investment.