“India’s GST Overhaul 2025: What’s Changed, What’s the Impact”
In a historic reform, the GST Council in its 56th meeting approved a sweeping rationalisation of India’s Goods & Services Tax structure. Effective from 22nd September 2025, the previous four-slab system (5%, 12%, 18%, 28%) has been streamlined into: 1. What Changed? New vs Old GST Rates 2. What Goods & Services Are Affected? Category Old Rate(s) New Rate Daily essentials (soap, toothpaste) 18% 5% (merit rate) Food, textiles, footwear 12% / 18% 5% Appliances, TVs, auto […]
