GST Reforms: What Gets Cheaper, What Stays Costly
The Goods and Services Tax (GST) Council has taken a big step in simplifying India’s indirect tax system. After a marathon 56th meeting in New Delhi, Finance Minister Nirmala Sitharaman announced that the four-slab system will now be reduced to just two rates — 5% and 18%, effective from September 22. “We’ve reduced the slabs. […]