India to get a three-tiered GST regime in next few months?

In a significant move to streamline the Goods and Services Tax (GST) structure, India is planning to reduce the number of tax slabs from four to three. This initiative aims to resolve classification disputes arising from the current multiple rate system, Sanjay Agarwal, Chairman of the Central Board of Indirect Taxes and Customs, said in an interview on Wednesday. "Too many rates in goods and…