Expectation is that it will come down: FM Sitharaman on GST rates
Union Finance Minister Nirmala Sitharaman indicated that a simplified and easy-to-comply GST is in the works, and GST rates are set to be lower. She said, "The expectation is that it (GST rates) will come down, and we are working on it." "Revenue buoyancy will rise if the rates are low enough, and that leads to an expansion," she added.