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Next Generation GST Reforms: How India’s New Tax System Will Impact Your Wallet in 2025 The Indian financial landscape is on the brink of a monumental shift. After years of operating under a multi-tiered Goods and Services Tax (GST) regime, the government is signaling a move toward a simpler, more streamlined structure. Dubbed the “Next…
Understanding the New GST Rates (Sept 2025): What’s Cheaper, What’s Dearer? In a significant overhaul of the nation’s indirect tax system, the much-anticipated “GST 2.0” reforms have come into effect starting September 22, 2025. This new chapter in India’s Goods and Services Tax (GST) journey aims to simplify the tax structure, reduce the burden on…
GST 2.0 Reforms Explained: New 5% & 18% Tax Slabs Effective Sept 22 In a landmark decision poised to reshape India’s consumption landscape, the GST Council has officially rolled out “GST 2.0,” a sweeping overhaul of the Goods and Services Tax regime. Effective September 22, 2025, these reforms, announced after the 56th GST Council meeting,…
GST 2.0 is Here: How the New GST Rates 2025 of 5%, 18%, and 40% Tax Slabs Will Affect Your Wallet from Sept 22 In one of the most significant overhauls to India’s tax system since its initial rollout, the 56th GST Council meeting in September 2025 ushered in what is being hailed as “GST…
Introduction In a landmark move aligning with Prime Minister Narendra Modi’s vision for “Next-Generation” tax reforms, the GST Council has announced a comprehensive overhaul of the Goods and Services Tax (GST) structure. Set to take effect from September 22, 2025, just in time for the festive season, these changes are poised to significantly impact household budgets…