GST Rates to Decrease Further, Says Finance Minister Sitharaman

In a move to boost market stability, Finance Minister Sitharaman has announced a further reduction in GST rates, nearing the final stages of the rationalization process. This decision aims to provide relief to consumers and businesses, promoting economic growth and stability. With the GST council's efforts, the market is expected to witness a significant boost. The reduction in GST rates is a key step towards achieving a more streamlined tax system, benefiting both consumers and manufacturers. As the government continues to work towards a more stable market, the reduction in GST rates is a welcome move for all stakeholders, including consumers and industry leaders, driving economic growth and development through tax reform and fiscal policy.