
Will the GST rate cuts be a game changer?The #GST Council has finally moved to cut the number of tax slabs from 5 to 4 and reduced taxes on a wide range of goods and services, with an aim to stimulate consumption and expenditure. The rate rationalisation will likely bring interim relief to consumers, but it is not clear if these changes would lead to a sustained and equitable revival in demand and in broader economic growth. In this episode of #TrackingTrends, Dhananjay Sinha and I dive deep into the proposed changes in the GST regime.#newgstchanges #gstreforms #gstcouncil #gstrates2025 #nirmalasitharaman #narendramodi #indianeconomy