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GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.

Business

22 Sep 2025 07:48 AM 695 views

GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.

Business

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#householdsavings

GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

What does Brock Rechsteiner’s signing mean? It signals a new sports chapter for the Steiner family

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

Xi and Trump Summit at Beijing

US woman murdered in Punjab after online relationship with UK NRI turns tragic

NBA YoungBoy Chicago concert canceled at United Center before show

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Grove City faces renewed debate over marijuana dispensary approval

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What does Brock Rechsteiner’s signing mean? It signals a new sports chapter for the Steiner family

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

Xi and Trump Summit at Beijing

US woman murdered in Punjab after online relationship with UK NRI turns tragic

NBA YoungBoy Chicago concert canceled at United Center before show

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Russia launches massive missile and drone attack on Ukraine, killing at least 16

Grove City faces renewed debate over marijuana dispensary approval

DOJ publishes millions of pages in final Epstein files disclosure

PM Narendra Modi Announces India-Cyprus Strategic Partnership for Trade and Defence

#householdsavings

GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

GST Reforms 2025: Tobacco, Luxury Cars, Soft Drinks To Get Costlier Under 40% Slab

What does Brock Rechsteiner’s signing mean? It signals a new sports chapter for the Steiner family

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

Xi and Trump Summit at Beijing

US woman murdered in Punjab after online relationship with UK NRI turns tragic

NBA YoungBoy Chicago concert canceled at United Center before show

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Russia launches massive missile and drone attack on Ukraine, killing at least 16

Grove City faces renewed debate over marijuana dispensary approval

DOJ publishes millions of pages in final Epstein files disclosure

PM Narendra Modi Announces India-Cyprus Strategic Partnership for Trade and Defence

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