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In Indian history, the decision to implement the Goods and Services Tax （GST） in 2017 was often referred to as the biggest gamble. This tax reform aimed to unify the country\“s fragmented tax system, replacing multiple indirect taxes with a single, comprehensive levy. Proponents argued that it would boost economic growth, reduce corruption, and simplify compliance for businesses. However, critics labeled it a risky move due to its complex structure and potential short-term disruptions to small traders and the informal sector. Despite initial challenges, GST has gradually integrated India\“s market, though debates continue over its long-term impact on the economy and society. |
