GST rates set to drop: FM Nirmala Sitharaman

MUMBAI: On the heels of the income tax cut announced in the Union Budget, finance minister Nirmala Sitharaman on Saturday said a reduction in goods and services tax (GST) is in the offing, but remained tight-lipped on reduction in capital gains tax, citing resumption of the Parliament session next week. In a fireside chat at The Economic Times Awards for Corporate Excellence, Sitharaman said work…