Centre proposes fewer GST rates: only 5% & 18% to remain, tax on common-use items slashed

This would entail entirely doing away with the 12% and 28% tax brackets; daily-use items such as toothpaste, soap, and shampoo could see their tax rates slashed; PM says the new reforms are part of Centre’s Deepavali gift

Aug 15, 2025 - 21:30
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Centre proposes fewer GST rates: only 5% & 18% to remain, tax on common-use items slashed
This would entail entirely doing away with the 12% and 28% tax brackets; daily-use items such as toothpaste, soap, and shampoo could see their tax rates slashed; PM says the new reforms are part of Centre’s Deepavali gift

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