sin goods News

GST Council to Consider Major Tax Rate Cuts in Upcoming Meeting, Impacting Consumers and Businesses

The GST Council is preparing to discuss significant tax rate cuts in its upcoming meeting, focusing on consumer items and high-ticket products like air conditioners. Plans include ...

New Cess on Sin Goods: Potential 35% Tax Hike Looms

The Indian government is considering a new 35% special rate of GST on sin goods, such as tobacco, cigarettes, and soft drinks, as a starting point for the post-compensation cess er...