The Union government has projected a net revenue loss of nearly ₹47,000 crore from the ongoing Goods and Services Tax (GST) rate rationalisation exercise, the Finance Ministry informed the Lok Sabha on Monday. The disclosure comes amid continued deliberations to simplify the GST slab structure and correct inverted duty anomalies. Replying to a parliamentary query, … Continue reading GST Rate Overhaul May Result in ₹47,000 Crore Net Revenue Loss for Centre