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GST rates
October 5 , 2021
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- The Union government has tasked a group of ministers (GoM) to propose a rationalisation of tax rates and consider the merger of different tax slabs within two months.
- It is headed by the Chief Minister of Karnataka, Basavaraj S. Bommai.
- Presently, the GST regime has five broad tax rate slabs viz., zero, 5%, 12%, 18% and 28%.
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