https://www.taxtmi.com/news?id=54883 The document reports a restructured Goods and Services Tax with lower slabs and expanded zero-rating for select essentials and insurance premiums, intended to reduce consumer prices and stimulate consumption; the Finance Minister projects that consumption-driven income buoyancy will largely offset the static estimated revenue shortfall from the rate cut, thereby preserving the stated fiscal deficit target and supporting GDP growth. en-us Sun, 07 Sep 2025 15:01:03 +0530 Sun, 07 Sep 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54883 The document reports a restructured Goods and Services Tax with lower slabs and expanded zero-rating for select essentials and insurance premiums, intended to reduce consumer prices and stimulate consumption; the Finance Minister projects that consumption-driven income buoyancy will largely offset the static estimated revenue shortfall from the rate cut, thereby preserving the stated fiscal deficit target and supporting GDP growth. News - Sun, 07 Sep 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=54883