ConsumerSpending

GST 2.0: India’s New Tax System Promises Simplicity, Sparks Market Pause

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GST 2.0: India's New Tax System Promises Simplicity, Sparks Market Pause

What Is GST 2.0 and Why Is It Causing a Market Lull? The Indian government has announced GST 2.0, a major reform to its indirect tax system. The plan aims to simplify the current structure by introducing a new two-tier system of 5% and 18%, along with a 40% slab for sin goods. This overhaul, … Read more

GST Council Announces Sweeping Cuts, Aims to Save Middle-Class Families Rs 45,000 Annually

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GST Council Announces Sweeping Cuts, Aims to Save Middle-Class Families Rs 45,000 Annually

How New GST Cuts Could Save Middle-Class Families Rs 45,000 Annually The GST Council’s recent decision to overhaul India’s indirect tax system could lead to significant savings for middle-class households, potentially boosting the economy just in time for the festive season. The new two-slab structure (5% and 18%) is set to replace the previous four-tier … Read more