Global Economy

GST rate rationalisation: Ministers' panel to meet on November 27 to finalise report

The panel of state finance ministers looking into GST rate rationalisation will meet on November 27 and finalise its report on rate changes to expand the tax base. The Group of Ministers (GoM) on rate rationalisation is headed by Karnataka Chief Minister Basavaraj Bommai. The report of the ministerial panel is likely to be finalised in this meeting. After that, it will be presented before the GST Council when it meets next month.


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