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Simpler GST structure as govt pushes reform
Hindustan Times Navi Mumbai
|August 16, 2025
Indirect tax overhaul
Prime Minister Narendra Modi on Friday announced a major overhaul of the goods and services tax regime, hinting at lower rates on most items by Diwali, with people aware of the plans adding that most of the goods currently taxed at 12% could drop to 5% and most of those in the 28% bracket could shift to 18% under a proposed structure that will also have a 40% rate for what are considered sin or luxury goods.
Diese Geschichte stammt aus der August 16, 2025-Ausgabe von Hindustan Times Navi Mumbai.
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