'Not at all': FM Sitharaman dismisses GST rise concerns

Quick Summary:

Finance Minister Nirmala Sitharaman refuted concerns of any GST rate increase, emphasizing that the GST rates have been reduced since its introduction, with the average rate dropping to 11.3% from 15.8%.

She credited the GST Council for their thorough work in simplifying the tax system.

The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaOmanPakistan

Topics: GST Council Business news Nirmala Sitharaman India finance minister GST rates Goods and Services Tax

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 01:03:35 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 834 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 26089831

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