Prime Minister welcomes GST Council's recommendations for a simple and trust‑based tax system.

Prime Minister recently welcomed the new recommendations of the GST Council at a national economic forum, which include several proposals to make the tax system more simple, transparent and trust‑based. He said that adopting taxpayer‑oriented policies will not only reduce the operating costs of businesses, but also strengthen digital payments and the self‑declaration system. The Council’s recommendations prominently include a proposal for a single national tax rate, simplification of the input tax credit process for small and medium enterprises (SMEs), and measures to speed up taxpayer verification through digital identity (Aadhaar). These steps will increase confidence in tax compliance and reduce the risk of tax evasion.

The GST Council, comprising finance ministers of the centre and states and industry representatives, had faced criticism over rate diversity and complex rules in recent years. This time the recommendations have been prepared to address those problems, including reducing two‑three major tax slabs into a single comprehensive rate, and shifting the filing period from weekly to monthly. Experts believe these changes will benefit small businesses, increasing the likelihood of growth in industrial production and exports.

Economic analysts described this move as a significant progress toward aligning India’s tax system with international standards. They said that adopting a trust‑based model will lower the cost of tax administration and bring stability to revenue collection. The Prime Minister urged all stakeholders to cooperate in implementing this reform swiftly, so that taxpayers‑