Centre Unveils Two-Slab GST Overhaul: 5% and 18% Rates, 40% for Sin Goods
The Goods and Services Tax (GST) is set for a major overhaul as the Centre proposes a simplified two-slab system of 5% and 18%, along with a 40% rate for select sin goods like tobacco and pan masala. The proposal—part of the next-generation GST reforms—is expected to be taken up by the GST Council in …
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