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of <h1>GST Council Reviews Tax Rates, Exemptions; Aims to Streamline Processes and Boost Compliance in May 2021 Meeting.</h1> The GST Council meeting held on May 28, 2021, focused on various aspects of the Goods and Services Tax. The Union Finance Minister led the press briefing following the meeting, discussing key decisions and updates. The council reviewed tax rates and exemptions, aiming to streamline GST processes and address concerns raised by stakeholders. The meeting emphasized improving compliance and ensuring efficient tax administration.
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