Taxing the ‘Sin’ Goods: New 40% GST Rate Proposed for Gaming and Tobacco

Taxing the ‘Sin’ Goods: New 40% GST Rate Proposed for Gaming and Tobacco

GST Reform 2025: A Major Tax Overhaul on the Horizon India is considering a significant restructuring of its Goods and Services Tax (GST) system, aiming to simplify the current four-slab structure into just two main rates: 5% and 18%. If approved by the GST Council, this would be the most substantial change to the tax … Read more