GST Council: It is proposed that about 99% of the goods, which are currently in the 12% slab, should be shifted to the 5% slab. Apart from this, about 90% of the goods, which are currently in the 28% ...

Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...

The GST Council is likely to soon consider the slabs of the goods and service tax. As per a new report, the Council may reduce the GST slabs from four to three, doing away with the 12 per cent GST ...

It’s been just a few days since Finance Minister Nirmala Sitharaman, during the 56th GST Council meeting, announced the much-awaited GST 2.0 reforms. Since then, sectors across the economy, including ...

GST 2.0: Big festive bonanza for consumers. Starting September 22, multiple products of daily use will see a price reduction as revised Goods and Services Tax (GST) of two slabs come into effect.

Indian taxpayers will experience a shift in the Goods and Services Tax (GST) structure, as the revamped GST 2.0 comes into force. The new system simplifies the tax regime with just two primary slabs- ...

GST 2.0 Rollout today Highlights: Luxury items like expensive cars and products with a “sin tax” such as tobacco don't necessarily become more expensive. (Image: Canva) New GST Rates & Slabs 2025 ...

New GST Rates Today: India's indirect tax system is getting overhauled from Monday, September 22, with Goods and Services Tax (GST) rates slashed on at least 375 items in an effort to boost the ...

A renewed sense of enthusiasm and momentum has been felt across markets, industry, business circles, and among the general public, following recent reform in tax slabs of the Goods and Services (GST), ...

Explains that merely filing GST returns does not ensure compliance, as errors in ITC claims, turnover, or classification can ...

Reducing GST on household insecticides to 5% can improve affordability, widen rural access, and help curb mosquito-borne ...

India’s new GST rates are here, making cars more affordable than ever. With the 28% tax slab reduced to 18%, buyers can now enjoy savings of up to 10% on most vehicles. Mahindra, Tata, Toyota, Range ...