Budget 2020: FM announces new simplified system for GST returns from April 1

Stating that reforms are continuing in GST, Finance Minister Nirmala Sitharaman has announced a new simplified system for filing of returns from April 1, 2020 and said features like SMS based filing for nil return, return pre-filling, improved input tax credit flow will be introduced.  Earlier, she began her budget speech by paying tribute to its chief architect Arun Jaitley and said, “Of the…