India's transformative GST reforms, effective from September 22, 2025, introduce a streamlined two-tier tax structure of 5% and 18%, eliminating the previous 12% and 28% slabs. This simplification aims to reduce the tax burden on essential goods, providing significant relief to the common man and stimulating domestic consumption. The strategic overhaul is poised to bolster India's economic resilience, enhance business competitiveness, and support the government's vision of self-reliance. | Trade
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