Скачать или смотреть 40% tax on ciggerate and luxury goods

🚨40% tax on ciggerate and luxury goods

Description
In a major overhaul of India's tax structure, Finance Minister Nirmala Sitharaman has announced a two-pronged GST revision aimed at public health and revenue generation.

Key Changes:

Zero GST on Life-Saving Drugs: Essential medicines and drugs will now be completely exempt from GST, significantly reducing their cost and making critical treatments more affordable for all citizens.

New 40% GST Slab for Demerit Goods: A new top tax bracket of 40% will be applied to items like tobacco, pan masala, aerated drinks, luxury cars, and high-capacity motorcycles. This move is designed to discourage the consumption of products harmful to health and the environment.

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