
GST Rate Cut: Powerful Impact on CPI Inflation, Fiscal Deficit and RBI Policy
The GST Rate Cut has emerged as one of the most significant tax reforms in recent years, reshaping how consumers, businesses, and policymakers look at India’s economic landscape. The Goods and Services Tax (GST) Council, at its 56th meeting, announced a sweeping reform that slashed rates on a majority of goods, effective from September 22,…