The latest reforms by the Goods and Services Tax (GST) Council are set to enhance the ease and cost of doing business, but no fresh tax rates mean there will be no immediate price cuts for consumers. At its 57th meeting on 8 October, the Council announced sweeping changes in enforcement, litigation, compliance and registration, alongside wider input tax credit (ITC) and faster refunds. Small businesses and taxpayers stand to gain the most from simpler procedures, lower compliance thresholds and reduced penalties.