Tag: Demerit goods

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FinMin Begins Process to Decide on Convenor for GST Rate Rationalisation GoM

The Finance Ministry seeks a new Group of Ministers (GoM) convenor for GST rate rationalisation, as the previous Karnataka Chief Minister stepped down. The GoM had proposed changes to the tax structure, including a 5% GST on some items, which were accepted by the GST Council. Learn more here.

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