The conversation between human and AI assistant.
Will GST change Indian economy?
That's interesting. How has it impacted small businesses in India?
Well, initially, there were some concerns about the impact of GST on small businesses. However, the government has taken several steps to address these concerns, such as increasing the GST registration threshold and simplifying the GST return process. Overall, GST has benefited small businesses by reducing their compliance burden and making it easier for them to do business across different states in India.