This article is more than 8 months old
Centre's Major GST Overhaul: Slabs Reduced to Two (5% and 18%), Hundreds of Items to Get Cheaper from September 22
The GST Council slashed slabs to 5% and 18% from September 22, 2025, cutting rates on essentials (paneer, roti to 0%; namkeens, TVs to 5-18%) and exempting life/health insurance. A 40% slab targets sin/luxury goods like tobacco, large cars. Textile/fertilizer inversions fixed, boosting consumption by ₹5.31 lakh crore.
