States are also cautious on GST rate cuts: Sitharaman

Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns. The council aims to keep existing tax slabs intact while reconsidering other rates, starting discussions on Sept 9. States seek to balance revenue needs without excessively burdening the public.

Aug 28, 2024 - 05:30
States are also cautious on GST rate cuts: Sitharaman

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Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns. The council aims to keep existing tax slabs intact while reconsidering other rates, starting discussions on Sept 9. States seek to balance revenue needs without excessively burdening the public.
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