https://www.taxtmi.com/news?id=54030 The Centre's proposed GST rate rationalisation to a simplified two tier structure prompts demands for a robust revenue protection framework, a supplementary levy on sin and luxury goods, and a guaranteed five year compensation mechanism; states also seek anti profiteering measures and binding safeguards to protect state fiscal autonomy while pursuing cooperative federal consultations in the GST Council. en-us Fri, 29 Aug 2025 20:46:03 +0530 Fri, 29 Aug 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54030 The Centre's proposed GST rate rationalisation to a simplified two tier structure prompts demands for a robust revenue protection framework, a supplementary levy on sin and luxury goods, and a guaranteed five year compensation mechanism; states also seek anti profiteering measures and binding safeguards to protect state fiscal autonomy while pursuing cooperative federal consultations in the GST Council. News - Fri, 29 Aug 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=54030