Trade Bodies and Tax Professionals Call for GST Reforms in Union Budget 2025

Trade bodies and tax professionals have called for comprehensive GST reforms in the Union Budget 2025 to simplify compliance and ensure smooth operations for businesses. Key recommendations include reducing GST rates on essential goods and services, enhancing input tax credit facilities, and minimizing administrative hurdles. They also urge the government to address the issue of cascading taxes, which affects businesses, and to improve the technology infrastructure for GST filings. These reforms are expected to encourage ease of doing business, improve tax compliance, and support economic growth. The stakeholders are hopeful that the government will address these concerns in the upcoming budget.