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GST rationalisation proposed! Lower slabs to lift domestic consumption, aid essentials & durables— what do economists say – Times of India

GST rationalisation proposed! Lower slabs to lift domestic consumption, aid essentials & durables— what do economists say – Times of India

Domestic consumption would be strengthened after the government’s proposed GST rationalisation, offering crucial support to the economy as it braces for the impact of the US’s 50 per cent duty on Indian imports, according to various economists quoted by Economic Times. “At a time where consumption demand has been uneven and felt pressure from high inflation and low nominal wage …

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