GST Overhaul Promises Simpler Rates, Clearer Compliance
In a landmark move to simplify India’s tax regime, the GST Council has reduced multiple slabs to two—5% and 18%—while retaining a 40% rate for luxury and demerit goods.
In a landmark move to simplify India’s tax regime, the GST Council has reduced multiple slabs to two—5% and 18%—while retaining a 40% rate for luxury and demerit goods.
