`Bahut Bada Tohfa`: PM Modi Promises Double Diwali, Announces Next-Gen GST With Lower Taxes
Friday, 15 August 2025 () Currently, GST rates are divided into five main slabs, ranging from 0 per cent to 28 per cent, with 12 and 18 per cent acting as the standard rates for a broad range of goods and services. Approximately 21 per cent of goods fall under the 5 per cent category, 19 per cent under 12 per cent, and 44 per cent under the 18 per cent slab.
During his address to the nation from Red Fort on the occasion of Independence Day, Prime Minister Narendra Modi announced a major overhaul of the GST system,... DNA