GST Meeting LIVE Updates: FM Nirmala Sitharaman chairs meeting today, tax reforms likely. What could get cheaper?

GST Council Meeting LIVE Updates: The 56th GST Council meeting, led by Finance Minister Nirmala Sitharaman, commences in New Delhi today. The Council is scheduled to meet on September 3-4. Expected outcomes include streamlining rates, potentially introducing a two-tier system of 18% and 5%, and implementing a 40% tax on ‘sin’ goods.

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