Wed Sep 03 19:12:19 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
**News Article:**
**GST Rationalization Won’t Hurt Revenue, Government Asserts**
**New Delhi:** The government is confident that its newly announced Goods and Services Tax (GST) rationalization will not negatively impact revenue collection, Revenue Secretary Arvind Shrivastava assured reporters this evening. The statement comes after the unveiling of simplified tax slabs, marking a significant step in the ongoing process of streamlining the GST system. While details of the new slabs were not immediately available, Shrivastava’s comments suggest the government believes the reforms will ultimately benefit both taxpayers and the exchequer. Officials believe the new and simplified tax slabs will also make it easier for small businesses to comply with the law.
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