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    <title>GST slab of 28% may become virtual &quot;hollow shell&quot; in year or so, says CEA</title>
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    <description>The GST Council has reduced rates on numerous goods, substantially shrinking the tax base subject to the highest GST slab so that only 35 items remain in that bracket; this reflects administrative recalibration of tax classification rather than statutory amendment, accompanied by measures aimed at simplifying compliance for small and medium enterprises and a policy emphasis on lateral entry to bolster implementation capacity.</description>
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      <description>The GST Council has reduced rates on numerous goods, substantially shrinking the tax base subject to the highest GST slab so that only 35 items remain in that bracket; this reflects administrative recalibration of tax classification rather than statutory amendment, accompanied by measures aimed at simplifying compliance for small and medium enterprises and a policy emphasis on lateral entry to bolster implementation capacity.</description>
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