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Tag: GST 2.0 explained
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Top 25 Questions on GST 2.0 with Answers – UPSC, Banking & SSC Exams
India’s indirect tax system has undergone a major transformation with the rollout of GST 2.0 from 22 September 2025. The revamped structure replaces the earlier complicated slab system with a simpler and more predictable framework. Because of its scale, it is now a key topic for UPSC, State PSCs, banking exams and other competitive tests.…
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GST 2.0 India: ITC, Inverted Duty, and Why Insurance & IPL Teams Are Protesting
The Indian government’s GST 2.0 reforms, effective from 22 September 2025, have restructured the Goods and Services Tax framework to simplify compliance and reduce tax burdens on common households. Essentials like milk, ghee, paneer, and bread are now cheaper, while industries such as insurance, food delivery, and sports franchises (IPL teams) are voicing strong concerns.…