GST Slab

GST 2.0 : What Will Get Cheaper, What Will Stay Costly

India’s GST (Goods & Services Tax) regime is being overhauled. Key reforms from the 56th GST Council meeting include: These changes aim to reduce tax burden on common/necessary goods, simplify compliance, reduce classification issues, make prices more predictable, and hopefully spur consumption. What will become cheaper (from 22 September) Here are specific categories/items that will […]

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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.