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GST council announces new slabs: What gets cheaper and what's costlier
Days after Prime Minister Narendra Modi announced next-generation GST reforms, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate overhaul, abolishing the 12 per cent and 28 per cent slabs. The announcement was made by Sitharaman, who said these reforms have been carried out with a focus on the common man.
Days after Prime Minister Narendra Modi announced next-generation GST reforms, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate overhaul, abolishing the 12 per cent and 28 per cent slabs. The announcement was made by Sitharaman, who said these reforms have been carried out with a focus on the common man.
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