With the government facing severe revenue stress, Finance Minister Nirmala Sitharaman on Saturday met representatives of small and medium enterprises, chartered accountants, retailers, and independent professionals to iron out concerns related to goods and services tax (GST) compliance. In a live demonstration of sorts, the representatives attempted to file actual returns during the meeting to highlight their concerns.
The one-to-one meetings were attended by representatives of the Indian Chartered Accountants Association (ICAI), Laghu Udyog Bharti, Rajasthan Tax Consultant Association, Confederation of All India Traders (CAIT), and a Kolkata-based independent tax professional.
The aim of the exercise was to further simplify