Finance Minister Sitharaman called on businesses to transfer lower GST rates to consumers. The appeal aims to boost consumption and ease inflation pressures. It follows recent GST Council decisions on rate rationalization. Industry bodies have been engaged for feedback. Relief measures for exporters also under consideration.
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FM Sitharaman Urges Companies to Pass on GST Benefits
Finance Minister Sitharaman has called on businesses to transfer lower GST rates to consumers. The appeal aims to boost consumption and ease inflation pressures. It follows recent GST Council decisions on rate rationalization. Industry bodies have been engaged for feedback. Relief measures for exporters also under consideration.
Poonam Ghosh
Sep 6, 2026
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This article was curated with AI assistance and published by the MBN News Desk.
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Key Takeaways
- •FM Sitharaman asks firms to lower prices after GST cuts
- •Government considers new relief measures for exporters
- •GST Council focuses on rate rationalization for consumers
Source: MBN News Desk
#Nirmala Sitharaman#GST Council#Ministry of Finance#Indian Economy#GST Rate Cut#Inflation#Business News#New Delhi
