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GST 2.0 News

Business

GST Overhaul: India Proposes Simplified Tax Slabs with 5% and 18% Rates, Sin Goods Hit with 40% Levy

Ryan Peterson 16 Aug, 2025

The Indian government proposes a simplified GST structure with two main slabs of 5% and 18%, aiming to eliminate the current 12% and 28% rates. Sin goods will be taxed at 40%, whil...

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