GST rate cuts & rationalisation: Top winners & losers of new tax slabs - check list
The GST Council has approved a restructured indirect tax system, effective September 22nd, featuring simplified rates of 5% and 18%, with a 40% category for luxury and sin goods. This reform eliminates the 12% and 28% slabs, aiming to streamline tax administration.
The GST Council has approved a restructured indirect tax system, effective September 22nd, featuring simplified rates of 5% and 18%, with a 40% category for luxury and sin goods. This reform eliminates the 12% and 28% slabs, aiming to streamline tax administration. What's Your Reaction?
