GoM on rate rationalisation meets to discuss Centre's GST rate cut proposal
Published on: Aug. 21, 2025, 10:53 a.m. | Source: Economic Times
A key meeting on GST rate changes is underway in New Delhi. The Group of Ministers is considering cutting tax slabs to 5 and 18 percent. This move aims to simplify the tax system. It also seeks to benefit the common person, farmers, and small businesses. Another group discussed exempting GST on health and life insurance.
