GST Council to soon take decision on rates, number of slabs: FM Sitharaman

Finance Minister Nirmala Sitharaman announced that the GST Council is nearing a decision on simplifying and reducing GST rates as work on rationalizing tariffs is almost complete. The focus is on lowering rates for everyday items. Despite significant capital expenditure increases and tax relief in the Union Budget, India’s economic fundamentals remain strong, with no structural slowdown.

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