Bihar Conclave 2025

5% GST

GST cuts reduce prices on 375 goods, electronics, automobiles, groceries, personal care, cement, medicines and services.

Recently introduced GST 2.0 simplifies tax slabs, reduces disputes, lowers costs, and benefits consumers and MSMEs alike.

GST rates cut to 5% and 18% in 2025, easing inflation, boosting consumption, and supporting festive season spending in India.

The GST Council has simplified India’s tax structure by retaining only 5% and 18% slabs from 22 September 2025.