Скачать или смотреть GST 2.0 Explained: Relief for You + Big Changes from Sep 22 | A Big step taken by 🇮🇳Modi Government

“GST 2.0 is here! The 56th GST Council meeting introduced new tax slabs, reduced rates on essentials, higher tax on luxury/sin goods, insurance premium exemption, and faster refund reforms. Here’s all you need to know in 1 minutes!”



• A simplified two-slab tax structure: 5% & 18%, replacing the earlier 12% & 28% for most goods/services.
• A new 40% slab for sin / luxury / de-merit items (tobacco, aerated drinks, luxury cars, etc.)
• Many essentials (household items, breads, life-saving drugs, small vehicles, farm equipment) will see huge tax relief or move to lower slab / be exempted.
• Insurance (life & health) premiums will be exempted from GST.
• Compliance & refund reforms: faster refunds, streamlined registration & returns, an operational GST Appellate Tribunal (GSTAT) for quicker dispute resolution.

This reform aims to reduce the tax burden on common people, make essentials cheaper, simplify business compliance — while ensuring luxury/sin goods carry the higher tax.



👉 Stay tuned for daily world & India updates in easy words.
📌 Don’t forget to Like 👍 | Share 🔁 | Subscribe 🔔 to my channel for more powerful global news!



#GST2Point0
#GSTReforms2025
#56thGSTCouncil
#GSTIndia
#TaxReformsIndia
#GSTUpdate
#IndianEconomy
#TaxRelief
#GSTForCommonMan
#GSTCouncil
#GST2025
#BusinessIndia
#TaxNewsIndia
#GSTSimplified
#TaxReforms2025
#FinanceIndia
#GSTHighlights
#GSTTribunal
#GSTTaxReform
#GSTCouncilUpdate
#India2025
#EconomyReform