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19Aug 2025

GST 2.0: Boosting India’s Tax Competitiveness

GST 2.0: Reforming India’s Tax Regime for Competitiveness Syllabus: GS Paper – 3 Growth & DevelopmentConstitutional Bodies Why in the News ? On India’s 79th Independence Day, Prime Minister Narendra Modi announced GST 2.0, a next-generation reform focused on rate rationalization, simplification, compliance ease, and transparency. This aims to strengthen economic growth, reduce distortions, support …

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12Apr 2024

ADB SUGGESTS INDIA SIMPLIFY TARIFF POLICY FOR ENHANCING MANUFACTURING.

Why in the news? ADB recommends India simplify tariff policy, enhance trade competitiveness, and integrate into global value chains to boost the manufacturing sector. About the Simplification of Tariff Policy: ADB suggests India streamline its tariff policy to enhance trade competitiveness and boost integration with global value chains. Simplified tariff regulations can facilitate smoother trade …

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