Your cart is currently empty!
Tag: GST rate changes India
-
GST 2.0 in India: How Tax Rate Reductions Boosted State Revenues and Consumer Spending
The introduction of GST 2.0 in India marked a significant shift in the country’s indirect tax landscape. With reduced GST rates aimed at boosting consumer spending, this policy change has had varying impacts across different states. While the central government experienced some financial loss due to lower tax collections, several states saw a notable increase…
-
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%.…