India's GST at 10: Emphasis on AI and Data Integration to Improve Compliance
India's Goods and Services Tax (GST) marks its tenth year, shifting focus from implementation to enhancing efficiency through artificial intelligence, data integration, and simplified processes. These measures aim to reduce compliance costs, expedite refunds, and strengthen enforcement, especially for micro, small, and medium enterprises. Since its 2017 launch, GST has unified multiple taxes into a single framework, expanded the taxpayer base from 6.65 million to about 16 million by 2026, and significantly increased revenues, fostering a more formalized economy and a common national market.