Q What is the context ?
A The Government can rationalize the GST rate structure without losing revenues by rejigging the four major rates of 5%, 12%, 18% and 28% with a three-rate framework of 8%, 15% and 30%, as per a National Institute of Public Finance and Policy (NIPFP) study.
Q How many GST Slabs are there at present ?
A
Q What is need to harmonize GST slabs?
A
Q What can be Way Forward ?