GST 2.0 reforms: From 4 slabs to 2, simpler tax system ahead
- Posted on August 17, 2025
- By Business News Today
- 3 Views
GST 2.0 reforms: From 4 slabs to 2, simpler tax system ahead
With robust GST collections and a broad tax base, India is poised for next-generation GST reforms, potentially streamlining the rate structure to 5% and 18% slabs. This shift aims to boost consumption and economic activity by lowering rates on many goods, while minimizing revenue impact.
