GST rate cut impact on exchequer likely minimal, to boost consumption and widen tax base: Crisil

The rationalisation is expected to reduce the prices of a large number of products and services. Crisil observed that moving from four slabs to two could expand the formal tax net and support buoyancy in collections over the medium term.

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GST rate cut impact on exchequer likely minimal, to boost consumption and widen tax base: Crisil

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