GST Below Revenue Neutral Rate, Easing Taxpayer Burden: FM Nirmala Sitharaman

Last updated: 06 September 2024

Ahead of the GST Council meeting on September 9, Union Finance Minister Nirmala Sitharaman emphasized that the current GST rate of 12.2% is significantly lower than the revenue neutral rate (RNR) of 15.3%. This reduction, she noted during an event by the Revenue Bar Association in Chennai, translate

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