Centre moots two-rate GST system as part of PM Modi’s ‘Diwali gift’
Representational image only. | Photo Credit: Getty Images/iStockphoto Prime Minister Narendra Modi’s “Diwali gift” to the people of India, of reforms to the Goods and Services Tax (GST) system, will likely be across three pillars — structural reforms, rate rationalisation, and ease of living — and could entail a shift to a two-rate GST system…