Explained: Government's GST revamp and how it will make goods cheaper in India?
- Posted on August 19, 2025
- By Business News Today
- 3 Views
Explained: Government's GST revamp and how it will make goods cheaper in India?
Prime Minister Narendra Modi has proposed a significant GST reform to reduce consumption levies on everyday goods and small cars, potentially boosting his image amid trade tensions. The reform aims to simplify the complex tax structure by abolishing the 28% slab and shifting many products to lower brackets.
