Union Budget 2021: GST continues to be a challenge; govt must make changes to ease compliance burden

Every Budget proposes change in tax policy, procedures, tax rates and compliance. Albeit every change is not beneficial to the taxpayers in general but as a Greek philosopher, Heraclitus said, ‘Change is the only constant in life’. It is a very apt quote especially for Goods and Services Tax (GST) where a taxpayer has to constantly deal with changing regulation. Even after thre…