<p>Prime Minister Narendra Modi said on Wednesday that the GST has been a milestone in the economic landscape of India as it has decreased the number of taxes, compliance burden and overall tax weight on the common man. </p>.<p>With the Goods and Services Tax (GST) regime completing four years, Modi added that it has also significantly increased transparency, compliance and overall collection. </p>.<p>A nationwide GST, which subsumed 17 local levies like excise duty, service tax and VAT, was rolled out on July 1, 2017. </p>.<p><strong><a href="https://www.deccanherald.com/business/business-news/gst-reduced-tax-rate-increased-compliance-more-than-66-cr-returns-filed-in-4-years-finmin-1003157.html" target="_blank">Read | GST reduced tax rate, increased compliance; more than 66 cr returns filed in 4 years: FinMin</a></strong></p>
<p>Prime Minister Narendra Modi said on Wednesday that the GST has been a milestone in the economic landscape of India as it has decreased the number of taxes, compliance burden and overall tax weight on the common man. </p>.<p>With the Goods and Services Tax (GST) regime completing four years, Modi added that it has also significantly increased transparency, compliance and overall collection. </p>.<p>A nationwide GST, which subsumed 17 local levies like excise duty, service tax and VAT, was rolled out on July 1, 2017. </p>.<p><strong><a href="https://www.deccanherald.com/business/business-news/gst-reduced-tax-rate-increased-compliance-more-than-66-cr-returns-filed-in-4-years-finmin-1003157.html" target="_blank">Read | GST reduced tax rate, increased compliance; more than 66 cr returns filed in 4 years: FinMin</a></strong></p>