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Tag: gst impact on consumers
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New GST Rates from September 22: Highest Tax on Luxury Items – Full Sector-Wise List
The Government of India has revised the Goods and Services Tax (GST) rates, effective September 22, impacting multiple sectors. This update brings both relief and burden depending on the category of goods. While some essential items continue to attract lower taxes, luxury and high-value products have been moved to the highest GST slab of 40%.…
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New GST Rates in India 2025 – Full List, Effective Date, and Key Changes
The Goods and Services Tax (GST) Council has approved a major restructuring of GST rates in India, making the system simpler and more consumer-friendly. From 22nd September 2025, the new GST rates will officially come into effect. This is one of the biggest tax reforms since GST was first implemented in 2017. In this article,…