The GST Council has approved a major overhaul—effective 22 September 2025—with a two-tier structure of 5% and 18%, plus a 40% slab for sin/luxury goods. About 90% of products now fall under…
Tag: gst 2.0
🧾 GST Revamp: 2-Rate Structure & India’s Fiscal Deficit — What to Expect
🔧 What’s changing ⏱️ Near-term fiscal impact (likely mild & temporary) 🧰 Offsets that can keep the deficit in check 🏛️ Centre–State dynamics to watch 📉 Prices & sentiment 📈 Likely sector…