GST 2.0 Reform 2025: New Tax Slabs, Cheaper Goods, Impact on Consumers, Businesses & Economy | News9
Автор: NEWS9 Live
Загружено: 2025-08-28
Просмотров: 26580
India is gearing up for GST 2.0 - the biggest tax reform since 2017. The plan aims to simplify the system by cutting slabs from four to two, lowering rates on essentials like toothpaste, small appliances, and even cars, while pushing up taxes on luxury and sin goods. For consumers, this could mean cheaper everyday items and more purchasing power, while for businesses, especially MSMEs, it promises fewer disputes, faster refunds, and better ease of compliance. If implemented smoothly, GST 2.0 could mark a major step toward a simpler tax regime and stronger economic growth.
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