Are we headed for higher GST rates?

NEW DELHI  : A top tax committee is set to weigh an increase in India’s goods and services tax (GST) slabs to raise an extra  ₹3 trillion revenue annually, a person aware of the plans said.  Proposals to increase the 5% slab to 7% and the 18% slab to 20% will be examined by a group of state ministers set up by the GST Council, the person cited above said on condition of anonymi…