GST likely to have 3-rate structure in future: Bibek Debroy

The current four-slab GST rate structure is likely to be reduced to three as the process of rationalising India's new  indirect tax regime proceeds further, the Prime Minister's Economic Advisory Council (PMEAC) Chairman  Bibek Debroy said on Friday. In his address at the launch here of "GST: Explained for Common Man" written by former Central Board of and Excise and Customs Chairman Sum…