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Further GST reduction!

Finance Minister Arun Jaitley debunked Congress’ claim that it forced the government to lower tax on over 200 goods.

He said rationalisation of rates was in works for 3-4 months and it is “juvenile politics” to link it to any election or political demand.

Further GST reduction!

Rejecting Congress Vice-President Rahul Gandhi’s demand for a single rate of tax, he said there is scope for further rationalisation of rate but the course will be decided by revenues that accrue from the Goods and Services Tax (GST) that was implemented from July this year.

The decisions in the GST Council are “all consensus decisions,” he said.

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