New GST Rates 2025 Live Updates: In a major relief for consumers and small businesses, the GST Council, comprising the Centre and states - under PM Narendra Modi, has decided to reduce tax rates on ...
A day before the rollout of GST 2.0, Prime Minister Narendra Modi asserted on Sunday that the next-generation reforms will accelerate India's growth story, urging people to promote 'swadeshi' products ...
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 ...
New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...
The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...
The GST council earlier this month announced rationalisation of Goods and Services Tax (GST) rates, which came into effect on Monday, September 22. The news rates, significantly benefitting the lower ...
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 ...
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