New GST rates list 2025: Full comprehensive list of items with revised GST rates – 5%, 18%, 0% & 40% effective September 22 – The Times of India

New GST Rates: Full list of items with new tax rates (AI image) New GST rates 2025 full list: Common man and middle class have a big reason to cheer!…

Continue ReadingNew GST rates list 2025: Full comprehensive list of items with revised GST rates – 5%, 18%, 0% & 40% effective September 22 – The Times of India

GST cut on essentials: FMCG leaders hail ‘game-changing’ reform; prices may fall up to 10% – The Times of India

The GST Council’s decision to slash tax rates on everyday essentials and personal-use products ahead of the festive season is expected to revive domestic consumption, lift rural demand, and strengthen…

Continue ReadingGST cut on essentials: FMCG leaders hail ‘game-changing’ reform; prices may fall up to 10% – The Times of India

GST revamp introduces 40% tax rate: What are sin goods and why they are in highest slab? All you need to know – The Times of India

Representative image (AI image) NEW DELHI: The GST Council on Wednesday approved a sharp hike in taxes on sin and luxury goods, creating a new 40 per cent slab for…

Continue ReadingGST revamp introduces 40% tax rate: What are sin goods and why they are in highest slab? All you need to know – The Times of India

GST 2.0 to treat more than rate cuts: Revamp to fix classification disputes, duty inversions- What officials say – Times of India

GST (representative image) The proposed revamped goods and services tax (GST) 2.0, developed through extensive consultations, aims to be more comprehensive than just rate adjustments. Officials, quoted by Economic Times,…

Continue ReadingGST 2.0 to treat more than rate cuts: Revamp to fix classification disputes, duty inversions- What officials say – Times of India

Why India may raise GST on cigarettes and other tobacco products – The Times of India

Tobacco products, including cigarettes and pan masala, contribute substantially to government tax collections. (AI image) India may explore increasing the goods and service tax (GST) on tobacco products, including cigarettes,…

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More tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp – The Times of India

GST reforms: The primary objective will be to restructure the tax slabs to ensure meaningful outcomes. More tax relief coming soon? The Narendra Modi government, having provided substantial relief in…

Continue ReadingMore tax relief coming? After income tax slab changes in Budget 2025, Modi government eyes GST revamp – The Times of India

Tobacco GST News: GoM Proposes 35% GST on Tobacco, Aerated Drinks and Luxury Items | India Business News – Times of India

The Group of Ministers (GoM) on GST rate rationalisation has decided to increase tax on aerated beverages, cigarettes, tobacco and related products to 35 per cent from the current 28…

Continue ReadingTobacco GST News: GoM Proposes 35% GST on Tobacco, Aerated Drinks and Luxury Items | India Business News – Times of India