Slippery on oil prices, govt puts off GST slab merger

NEW DELHI  : The Russia-Ukraine war and the sharp escalation in oil prices may have hobbled India’s plans to merge the goods and services tax (GST) slab rates and make the indirect tax system simpler with just three broad rates, according to three state finance ministers. The ministers, who are part of the GST Council, said that the merger of the rates may be put on the back-burner, consideri…