{"id":73550,"date":"2025-09-18T18:16:03","date_gmt":"2025-09-18T12:46:03","guid":{"rendered":""},"modified":"2025-09-18T18:16:03","modified_gmt":"2025-09-18T12:46:03","slug":"india-moved-to-fewer-gst-slabs-but-not-yet-ready-for-one-rate-fm","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=73550","title":{"rendered":"India moved to fewer GST slabs, but \u2018not yet\u2019 ready for one rate: FM"},"content":{"rendered":"<p>India moved to fewer GST slabs, but \u2018not yet\u2019 ready for one rate: FM<BR>GST<BR>Dated:- 18-9-2025<BR>PTI<BR>Kolkata, Sep 18 (PTI) Union Finance Minister Nirmala Sitharaman on Thursday said that while the government has moved to rationalise Goods and Services Tax (GST) slabs, the country is &#8220;not yet&#8221; prepared for a single-rate GST system, though it remains a possibility in the future.<br \/>\nAt an event in Kolkata, she underlined that the four-rate GST structure of 5, 12, 18 and 28 per cent was not arbitrarily fixed, but arrived at through a detailed exercise of aligning diverse state-level taxes with the nearest slabs.<br \/>\n&#8220;When a review of GST was undertaken, one of the needs identified was that they (GST Council members) didn&#39;t want four rates.<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=56103\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India moved to fewer GST slabs, but \u2018not yet\u2019 ready for one rate: FMGSTDated:- 18-9-2025PTIKolkata, Sep 18 (PTI) Union Finance Minister Nirmala Sitharaman on Thursday said that while the government has moved to rationalise Goods and Services Tax (GST) sla<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-73550","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73550"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73550\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}