https://www.caclubindia.com/news/centre-braces-for-rs-40000-crore-revenue-loss-as-gst-overhaul-nears-25305.asp

The Centre is bracing for a ₹40,000 crore revenue loss as GST overhauls near. The move, which is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at simplifying the tax structure and reducing the tax burden on essential goods. The move is expected to have a significant impact on various sectors. This is a crucial reminder to all businesses that they must be diligent in their dealings.