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    Higher consumption to offset losses: Piyush Goyal

    3 days ago

    Piyush Goyal stated that potential GST rate rationalization losses are accounted for, with higher consumption offsetting them. He emphasized the decision's independence from US tariffs and highlighted the historic and extensive nature of the reforms. The rationalization aims to reduce prices, simplify business, and benefit various segments of society, with transitional arrangements to be specified soon.
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