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    Home » India’s GST Rate Cuts: All You Need to Know | Vantage with Palki Sharma | N18G
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    India’s GST Rate Cuts: All You Need to Know | Vantage with Palki Sharma | N18G

    morshediBy morshediOctober 25, 2025No Comments2 Mins Read
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    India’s GST Rate Cuts: All You Need to Know | Vantage with Palki Sharma | N18G
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    India has lower taxes on lots of of products by simplifying its Items and Companies Tax (GST) construction. The brand new two-slab system—5% and 18%—will exchange the older four-tier setup, whereas sin items like cigarettes will face a 40% tax. Finance Minister Nirmala Sitharaman says the transfer goals to spice up consumption and offset the consequences of steep U.S. tariffs. Gadgets like meals, college provides, and insurance coverage will develop into cheaper, simply in time for India’s festive season. Nevertheless, analysts warn the federal government might face income losses of as much as $6 billion.

    —

    India | GST | Items and Companies Tax | Narendra Modi | PM Modi | GST Fee Minimize | Trump Tariffs | Nirmala Sitharaman | GST Slabs | Firstpost | World Information | Information Reside | Vantage | Palki Sharma | Information

    #india #gst #goodsandservicestax #diwali #narendramodi #pmmodi #nirmalasitharaman #gstslabs #gstratecut #firstpost #vantageonfirstpost #palkisharma #worldnews

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