GST led to ‘household savings’ as tax rates came down

GST led to ‘household savings’ as tax rates came down

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GST led to ‘household savings’ as tax rates came down
NEW DELHI: An average Indian household is saving up to Rs 320 every month on purchase of commonly used goods including cereals, edible oil and cosmetics post GST implementation, a finance ministry source said citing an analysis of consumer expenditure data. The government rolled out the Goods and Services Tax (GST) on July 1, 2017, […]
Source: GST India