GST slab of 28% may become virtual 'hollow shell': CEA
Outgoing Chief Economic Adviser Arvind Subramanian has said the highest GST slab of 28% would be "virtually a hollow shell" over the next year or so. Notably, only 35 goods are left in the slab, from 226 at launch. He also said that a lot of effort and time was devoted to simplifying the burden on small and medium enterprises.