GST 2.0 Takes Shape: Industry Seeks Rate Rationalisation and ITC Reforms in Budget 2026

Last updated: 20 December 2025

As India moves closer to the second phase of GST reforms, the focus has clearly shifted from stabilisation to simplification and structural fine-tuning. In 2025, the GST Council continued its efforts on procedural clean-ups, stronger digital enforcement and long-pending discussions on rate rationali

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Category GST   Report

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