Reduction In GST Rates Have Higher Multiple Effect On Economy, Than Cut In Income Tax: Report
Thursday, 28 August 2025 () The GST rate reforms are on the way and will mark the second major fiscal stimulus in FY26, after the personal income tax cuts announced earlier in the budget by the government. Currently, GST has several slabs, nil tax rate, 3 per cent (mainly on gold, silver, diamond and jewellery), 5 per cent, 12 per cent, 18 per cent and 28 per cent.
A massive new tax and spending bill, championed by Donald Trump as his "big, beautiful bill," has cleared major congressional hurdles and is now facing a final, contentious vote. The legislation..
Thursday, 28 August 2025 ()
![Trump’s “Big, Beautiful” BILL Explained: Why Everyone Is MAD Over BBB|Cuts for Rich, Chaos for Poor? [Video]](https://video.newsserve.net/300/v/20250704/1415481152-Trump-“Big-Beautiful”-BILL-Explained-Why-Everyone.jpg)
![[Ep 699] Big Beautiful Bill to Pass! | Idaho Ambush | Zohran to Tax White People at Higher Rate [Video]](https://video.newsserve.net/300/v/20250630/1751310143-Ep-699-Big-Beautiful-Bill-to-Pass!.jpg)
