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flag India's Finance Minister outlines GST reforms to ease compliance for small businesses and startups.

flag India's Finance Minister Nirmala Sitharaman announced that upcoming GST reforms will make the economy more transparent, reducing compliance burdens for small businesses and startups. flag The reforms aim to simplify regulations and lower costs, with plans to overhaul the GST rate structure at an upcoming council meeting. flag Additionally, Sitharaman highlighted improvements in the banking sector, noting a decrease in non-performing assets and increased credit availability for MSMEs.

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