#taxslab

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 540 views

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

Business

Big GST Reforms Coming Soon, PMO Signals Green Light

The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.

Business

16 Jul 2025 01:05 AM 692 views

Big GST Reforms Coming Soon, PMO Signals Green Light

Business

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#taxslab

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

Big GST Reforms Coming Soon, PMO Signals Green Light

Big GST Reforms Coming Soon, PMO Signals Green Light

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The Role of Spirituality in Organized Religion

Vijay Shankar Sharma Calls Sundar Pichai the Ultimate CEO as Google Achieves Record $400B Revenue

Snow squall warning explained as sudden whiteout risks hit chicago area

​Gordon ISD students return to tornado-repaired school campus for new year

India's Defence Exports Surge Tenfold; Target Set for Rs 50,000 Crore by 2029

US embassy warns Indian students on visa violations and legal compliance

Divya Deshmukh Creates History, Wins Women's Chess World Cup 2025 Against Koneru Humpy

US-India Trade Deal Urgency Grows as Tariff Deadline and Global Stakes Rise

​100-year-old woman beats breast cancer and continues living independently

Mikie Sherrill becomes New Jersey’s first female Democratic governor

#taxslab

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

Big GST Reforms Coming Soon, PMO Signals Green Light

Big GST Reforms Coming Soon, PMO Signals Green Light

The Role of Spirituality in Organized Religion

Vijay Shankar Sharma Calls Sundar Pichai the Ultimate CEO as Google Achieves Record $400B Revenue

Snow squall warning explained as sudden whiteout risks hit chicago area

​Gordon ISD students return to tornado-repaired school campus for new year

India's Defence Exports Surge Tenfold; Target Set for Rs 50,000 Crore by 2029

US embassy warns Indian students on visa violations and legal compliance

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Gordon ISD students return to tornado-repaired school campus for new year

100-year-old woman beats breast cancer and continues living independently

Gordon ISD students return to tornado-repaired school campus for new year

100-year-old woman beats breast cancer and continues living independently