GST council to meet on September 3-4 to discuss sweeping tax cuts - The Hindu BusinessLineSENSEX 81,306.85 -693.86NIFTY 24,870.10 -213.65CRUDEOIL 5,567.00+ 4.00GOLD 100,411.00+ 976.00SILVER 116,248.00+ 2,542.00SENSEX 81,306.85 -693.86NIFTY 24,870.10 -213.65NIFTY 24,870.10 -213.65CRUDEOIL 5,567.00+ 4.00CRUDEOIL 5,567.00+ 4.00GOLD 100,411.00+ 976.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>By ReutersUpdated - August 23, 2025 at 09:26 AM.| New DelhiThe goods and services tax council, chaired by Nirmala Sitharaman, will meet on September 3-4 to discuss sweeping tax cuts.The panel, that also has representatives from the country's states, will consider reforming the indirect tax system with just two major tax rates after Prime Minister Narendra Modi on August 15 announced the government will make the tax system less complex.(This is a developing story)Published on August 23, 2025Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }