GST Rates Drop from 15.8% to 11.3% Since Implementation: FM Nirmala Sitharaman

Last updated: 13 February 2025

Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that the average indirect tax under the Goods and Services Tax (GST) has significantly reduced since its rollout. She stated that the average tax under the previous indirect tax regime was 15.8%, while under GST, it has now come

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