New Delhi, Sept. 5 -- Karnataka Chief Minister Siddaramiah on Friday welcomed the Goods and Services Tax (GST) council's decision on the rationalisation of the rates, stating that it was an important step to reduce both monetary and compliance burden on people and businesses.

In a post on social media X, the Chief Minister hitting out at the Centre noted that the decision on the reforms was not a "new wisdom," but a long-delayed acceptance of what the Opposition had been demanding since 2016-2017, further stating that the Prime Minister Narendra Modi led government was already warned of the crushing effects of the "Gabbar Singh Tax," on the business and ordinary families.

"We welcome the decision of the GST Council to rationalise GST ra...