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2026-02-07 07:46:27 -

What Is GST and Why Was It Enforced in India?

GST (Goods and Services Tax) is a unified indirect tax system introduced in India to replace multiple cascading taxes levied by central and state governments. It was implemented to create a single, transparent tax structure across the country. GST simplifies taxation by bringing various taxes under one system, making compliance easier for businesses. It ensures better tax collection, reduces...

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