The GST Council has approved a significant overhaul of the Goods and Services Tax regime, effective September 22, 2025, by limiting slabs to 5% and 18%. These changes aim to boost domestic spending and mitigate the impact of US tariffs, with rate reductions on various goods and services, including personal use items, medicines, small cars, and bicycles.
GST 2.0 Explained
Full list of items with revised GST rates effective from Navratri
GST 2.0: What gets cheaper and costlier from Sep 22
GST Council approves highest tax rate of 40% on these goods
(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)
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