The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. During this meeting, the Council gave in-principle approval to a concept note for a simplified GST registration process, aimed at easing compliance for small businesses. This move is in line with the government’s ongoing efforts to promote ease of doing business and address challenges faced by smaller enterprises.