Union Finance Minister Nirmala Sitharaman has said with the slew of GST reforms set to come into effect from September 22, a total of ₹2 lakh crore will be in the hands of the people, boosting domestic consumption.
With the simplification of the Goods and Services Tax from the earlier four slabs to 2 slabs, Ms. Sitharaman said Prime Minister Narendra Modi is keen to ensure that the poor and downtrodden, middle-class families and the micro, small and medium enterprises (MSMEs) largely benefit out of the GST reforms.
