
GST revamp on track: GoM backs Centre’s two-slab plan; accepts scrapping 2% and 28% rates
Published on: Aug. 21, 2025, 2:17 p.m. | Source: Times of India
India Business News: A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% and 28%