gst-rate-cuts:-fm-says-reforms-to-inject-rs-2l-cr;-claims-‘people-will-have-cash-in-hand’

Finance Minister Nirmala Sitharaman announced that GST rate cuts, effective September 22, are expected to inject Rs 2 lakh crore into the economy. Post-reform, most items have shifted to lower tax brackets. Companies are reportedly reducing rates, passing benefits to consumers.