India Unveils ‘Next‑Gen GST’ Overhaul: A Milestone Step in Fiscal Simplicity and Inclusivity
New Delhi, September 4, 2025 – In a sweeping move aimed at simplifying India’s complex indirect tax structure, the GST Council, led by Finance Minister Nirmala Sitharaman, unveiled a landmark reform on Wednesday, September 3, 2025. Key changes include shrinking the existing four GST slabs into just two—5% and 18%—while introducing a 40% “sin and luxury” […]