In the 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, the government approved a two-slab GST structure of 5% and 18%, effective from September 22. This reform aims to simplify the tax system and reduce the compliance burden. Will this simplification of the GST structure lead to increased compliance and ease of doing business?
Opinion
A) Yes, it will streamline processes and encourage compliance.
B) No, businesses may still face challenges in adapting to the new system.
C) Uncertain, the impact will depend on the implementation.
Shivraj Singh Chouhan saluted Punjab’s spirit of ‘sewa’ in times of calamity, but does repeated reliance on community service signal the strength of Punjab’s people—or the weakness of Governments that fail them in every flood? Does this expose the absence of real disaster preparedness in Punjab, despite decades of knowing floods are a certainty?
