ET Awards: GST rate cut, slabs review in works, says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman announced that India is close to further reducing GST rates and reviewing slabs. She assured that the GST has not made life costlier and hinted at further reductions. Sitharaman highlighted the need for protecting small and medium enterprises from dumping, ongoing trade deal negotiations, and the importance of private sector investments for growth.