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NEXT - GEN GST REFORMS| GST Council | check description 👇
Автор: Ignite GK
Загружено: 2025-09-05
Просмотров: 415
Описание:
GST Reforms
The revised rates and exemptions will be effective from 22 nd September 2025
👉GST simplified to a two-slab structure (5% & 18%)
👉GST reforms cut taxes on household essentials (soaps, toothpaste, Indian breads) to 5% or Nil boosting affordability.
👉Life-saving drugs, medicines reduced from 12% to Nil or 5% making healthcare affordable.
👉Two-wheelers, small cars, TVs, ACs, cement cut from 28% to 18% bringing relief to middle-class.
👉Farm machinery, irrigation equipment cut from 12% to 5%, reducing farming costs.
👉Tobacco, pan masala, aerated drinks, and luxury goods taxed at 40%.
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