GST rate cut may make India’s tax system unfair, Kerala Finance Minister explains why

Amid the demand for goods and services tax (GST) rate cut to revive slowing economic growth, Kerala Finance Minister Thomas Isaac said that lowering of tax would only make the tax system unfair. It comes days after he said that reducing GST rate on auto would result in revenue loss for states. The central government may afford to lose revenue, but states can’t do it, he had told news agency IANS l…