8 Years of GST: PM Modi Says Reform Boosted Ease of Doing Business for SMEs

Last updated: 02 July 2025


Quick Summary
Prime Minister Narendra Modi has marked the eighth anniversary of India's Goods and Services Tax (GST), calling it a significant reform that has transformed the nation's economy. He stated that GST has substantially improved the ease of doing business, especially for small and medium enterprises, by lowering compliance requirements. Furthermore, the Prime Minister noted that GST has been a key driver of economic growth and has promoted cooperative federalism by making states active participants in market integration.

GST stands out as a landmark reform that has reshaped India's economic landscape: PM The Prime Minister Shri Narendra Modi has remarked that eight years since GST was introduced, it stands out as a landmark reform that has reshaped India's economic landscape. "By reducing the compliance burden, it
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

FAQ :

The eighth anniversary of the introduction of GST is being celebrated.

GST has greatly improved the ease of doing business by reducing the compliance burden, particularly for small and medium enterprises.

GST has served as a powerful engine for economic growth.

GST has fostered true cooperative federalism by making states equal partners in integrating India's market.

Prime Minister Narendra Modi commented on the impact of GST.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Click here to Login and post comments    OR



More »


Popular News





CCI Pro



Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details