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    <title>GST slabs may reduce to 3 in long-term: Sanjeev Sanyal</title>
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    <description>Proposal to compress the GST slabs into a simplified tiered structure while retaining an exempt category; a consolidated central band would cover a bulk of taxable goods, supplemented by a lower concessionary band and a separate top band. Complementary legal and administrative reforms, including stronger contract enforcement, are identified as necessary to reinforce the tax framework and support economic recovery.</description>
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