Finance Minister highlighted CBIC's efforts in pushing forward next-generation GST reforms. (Photo Source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Starting November 1, a simplified Goods and Services Tax (GST) registration process will be implemented for two categories of taxpayers, with approvals to be granted within three working days, Union Minister of Finance, Nirmala Sitharaman said during the inauguration of a new Central Goods and Services Tax (CGST) building in Ghaziabad, Uttar Pradesh.

The two categories include small, low-risk businesses and public sector entities.

Speaking at the event, the Finance Minister highlighted the Central Board of Indirect Taxes and Customs’ (CBIC) efforts in pushing forward next-generation GST reforms. “CBIC work

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