The 56th GST Council meeting has cleared one of the most significant overhauls of India’s indirect tax system since GST’s launch in 2017. The Council has approved a two-slab structure—5% and 18%, replacing the earlier four-tiered system of 5%, 12%, 18%, and 28%. The changes will be implemented from September 22, 2025, just ahead of … Continue reading GST Council Approves Two-Slab GST Structure: 5% and 18% from September 22, 2025