Goyal assures full GST benefit transfer to consumers; defends three-slab structure

Sep 5, 2025 - 12:30
Goyal assures full GST benefit transfer to consumers; defends three-slab structure

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Commerce Minister Piyush Goyal assured that reduced GST rates would directly benefit citizens, with industries committed to passing on gains. He highlighted trust in stakeholders and monitoring mechanisms for compliance, dismissing revenue shortfall concerns due to robust tax collections. The GST structure addresses diverse needs, offering relief in healthcare and aiming to simplify compliance and boost demand.

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