GST rates overhaul may be delayed by a few months

A much-awaited restructuring of the goods & services tax (GST) slabs to raise the revenue-neutral rate (RNR), from a little over 11% now to 15.5%, could be delayed by a few months, as high global commodity prices have resulted in a rise in inflationary expectations among households and firms and brought the Reserve Bank of India’s ( RBI ) accommodative policy stance under critical review. A de…