Commerce Minister Goyal Tells Industry To Pass On GST Cuts To Consumers
Union Commerce and Industry Minister Piyush Goyal on Thursday urged India Inc. to pass on the benefits of the recent GST rate cut to consumers.
GST Overhaul Promises Simpler Rates, Clearer Compliance
In a landmark move to simplify India’s tax regime, the GST Council has reduced multiple slabs to two—5% and 18%—while retaining a 40% rate for luxury and demerit goods.
