India's GST 2.0 slashes rates to 5% and 18% - here's what traders need to know
Key Points
- GST reform simplifies tax structure for Indian traders with ...
September 22, 2025 just became the most important date on every Indian trader's calendar. The government finally did what we've all been waiting for - they took GST's messy four-tier structure and gave it the Marie Kondo treatment.
Gone are the days of juggling 5%, 12%, 18%, and 28% rates like some twisted mental math Olympics. The new system? A clean 5% and 18% for most goods, with luxury items getting the special "sin tax" treatment at 40%. It's like going from a complicated relationship status to "it's simple."
The Math Actually Makes Sense Now
According to the Reserve Bank of India'...
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