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The Goods and Services Tax Council’s rationalisation of tax slabs – reducing four brackets to two while exempting several ‘daily use’ items, including premiums on health and life insurance – has been received with scepticism by the Congress.
The Goods and Services Tax Council’s rationalisation of tax slabs – reducing four brackets to two while exempting several ‘daily use’ items, including premiums on health and life insurance – has been received with scepticism by the Congress.