States » EastPosted at: Jan 17 2026 1:03AM


Stakeholders seek further simplification of GST ahead of union Budget 2026

Bhubaneshwar, Jan 16 (UNI) Ahead of the union Budget 2026–27, industry bodies, entrepreneurs and policy stakeholders have set expectations around further simplification of the Goods and Services Tax (GST) alongside other tax measures to strengthen ease of doing business.
They have also sought improved liquidity for small enterprises and support sustained economic growth, particularly for entities operating across states and e-commerce platforms. Calls for enhanced tax clarity, faster credit flows, and reduced compliance barriers are gaining prominence in pre-budget consultations with the Ministry of Finance.
Despite GST 2.0's rollout last year and ongoing digitisation efforts, small and medium enterprises continue to face complex compliance requirements that affect their operational efficiency and working capital.
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