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 Goods and Services Tax (GST) Council’s decision to adopt a simplified two-slab structure, along with lower rates on essential construction materials such as cement and steel, has stirred wide ...
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GST Slab Rates: Which items fall under the 12% rate that council may remove? Are they going to be cheaper or dearer?
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 ...
Starting September 22, 2025, the new GST rules for automobiles will kick in with just two tax slabs, 18 per cent & 40 per cent, while electric vehicles stay at 5 per cent. This means cars, bikes, ...
The government’s new GST reforms, also called GST 2.0, came into effect on September 22, 2025, restructuring the tax system into just three slabs — 5% for essentials, 18% for most standard goods, and ...
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- ...
Union Finance Minister Nirmala Sitharaman on Wednesday said the next generation GST reforms will infuse Rs 2 lakh crore into the economy, leaving people with more cash in hand that otherwise would ...
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 ...
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 ...
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