The GST Council on Wednesday approved changes to the indirect tax system, replacing the current four-tier structure of 5, 12, 18, and 28 per cent with a two-rate framework of 5 and 18 per cent, and introducing a special 40 per cent slab for select items. Our Partner (Head – Pharma & Healthcare) Ashwin Sapra shares his views on this in an article published by The Indian Express. (Photo Credits: The Indian Express)
