FM Says GST Slab Rationalisation was 18 Months in the Making, Not a Reaction to US Tariffs

Last updated: 11 September 2025


Union Finance Minister Nirmala Sitharaman has clarified that the recent rationalisation of GST slabs, reducing them to two and exempting essential items like premiums for health and life insurance was 18 months in the making and not a knee-jerk reaction to US tariff hikes. Speaking at an event on T

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