In this discussion, Mahesh Jai Singh, a partner at Deloitte India with a tax specialization, and Saurabh Agarwal, a tax partner at EY India, illuminate the complexities of India's Goods and Services Tax (GST) after eight years in play. They highlight rising consumer satisfaction and the ongoing challenges faced by MSMEs. The conversation explores potential reforms to simplify tax processes, optimize GST rates, and enhance economic growth, while addressing the balance between compliance and revenue generation for the government.
