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Anand Mahindra hails GST cuts; quotes Swami Vivekananda for ‘more reforms’
Anand Mahindra welcomes the GST rate cuts, viewing them as a positive step towards economic reform and urging further action to boost India's economy. The revised GST structure, featuring two primary rates of 5% and 18%, aims to simplify the tax system and stimulate demand, particularly in rural and semi-urban areas, with changes taking effect on September 22.
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