Yes in the industry sector:
- Direct tax is collected
- Cascading tax effect is not seen
- Tax market is single
- Regime created on Tax is simple and understandable.
- Smaller units have an option to choose composition scheme.
- Tax filing and payment is available online.
- Logistics have become efficient.
- Encouraging Make in India campaign and investments from foreign nationals.
- Export and manufacturing activity are encouraged.
- Business start-up or carrying over the firm had become easy.
- Tax Evasion has drastically reduced.
- Administering a firm is simple and made easier.
- The Government has shown increase in profit.