https://www.taxtmi.com/news?id=54566 The GST rate rationalisation consolidates slabs into a two-rate structure (5% and 18%), expected to lower prices while producing a measurable annual revenue shortfall for Kerala; the state seeks assurances that rate-cut benefits reach consumers and requests compensation for subnational fiscal loss, citing concentrated impacts in cement, electronics, automobile and insurance sectors and noting exemption of certain personal goods and insurance premiums. en-us Thu, 04 Sep 2025 12:16:02 +0530 Thu, 04 Sep 2025 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54566 The GST rate rationalisation consolidates slabs into a two-rate structure (5% and 18%), expected to lower prices while producing a measurable annual revenue shortfall for Kerala; the state seeks assurances that rate-cut benefits reach consumers and requests compensation for subnational fiscal loss, citing concentrated impacts in cement, electronics, automobile and insurance sectors and noting exemption of certain personal goods and insurance premiums. News - Thu, 04 Sep 2025 12:16:02 +0530 https://www.taxtmi.com/news?id=54566