Panel considers lower GST on several mass-use items

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A GST panel is considering reducing rates for items like medicines and tractors to 5%, while keeping cement rates stable and potentially increasing GST on high-end EVs. Health and term insurance may also see reduced GST rates to 12% and 5%, respectively.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0wunh6I

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