September 3, 2025 11:20 PM
Government unveils next-generation GST reforms; daily essentials get cheaper
Finance Minister Nirmala Sitharaman on Wednesday announced a major reform in the Goods and Services Tax (GST) regime, consolidating the 12% and 18% tax slabs into a simplified dual-rate structure of 5% and 18%, with a higher 40% rate retained for sin...
