https://www.taxtmi.com/news?id=32845 The GST Council is set to decide on GST rate rationalisation after a Group of Ministers expanded a review of the current multi slab structure; the exercise aims to reduce the number of slabs and lower rates affecting everyday consumption. The finance minister indicated the review is nearly complete, the Council will act soon, the old tax regime will not be closed, and Budget capital expenditure and fiscal targets were reiterated alongside the GST work. en-us Tue, 04 Feb 2025 17:01:03 +0530 Tue, 04 Feb 2025 17:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32845 The GST Council is set to decide on GST rate rationalisation after a Group of Ministers expanded a review of the current multi slab structure; the exercise aims to reduce the number of slabs and lower rates affecting everyday consumption. The finance minister indicated the review is nearly complete, the Council will act soon, the old tax regime will not be closed, and Budget capital expenditure and fiscal targets were reiterated alongside the GST work. News - Tue, 04 Feb 2025 17:01:03 +0530 https://www.taxtmi.com/news?id=32845