GST Rates Drop from 15.8% to 11.3% Since Implementation: FM Nirmala Sitharaman

FM Nirmala Sitharaman stated that GST rates have dropped from 15.8% to 11.3% since implementation. This reduction indicates a positive trend in indirect taxation. It suggests that GST has become more stable and efficient. The lower rates benefit consumers and businesses. This information can be used to analyze the impact of GST on the economy.