Game-Changer for Businesses: GST Council Approved Two-Tier Tax of 5% and 18%
In a landmark decision to simplify India’s indirect tax framework, the Goods and Services Tax (GST) Council has approved a two-slab structure of 5% and 18%. The new system will take effect on September 22, 2025, in what is being described as one of the most significant reforms since GST was first introduced in 2017. […]