GST Council could cut tax rates on these items in next meeting

The all-powerful Goods and Services Tax (GST) Council, which is scheduled to meet on July 21, could announce another round of tax cuts on many items such as sanitary napkins, handicrafts and handloom goods, news agency PTI reported. Some services are also likely to see some rate rationalisation as well. While on one hand, the GST Council may announce tax cuts, on the other hand, is exploring…