GST Reforms: Simplifying India's Tax Structure
Published on: Aug. 15, 2025, 1:11 p.m. | Source: Devdiscourse
The finance ministry has proposed a simplified two-slab GST rate structure to the Group of Ministers, alongside special rates for selected items. These 'next generation' GST reforms aim to reduce the tax burden on daily use products, boost consumption, and enhance the ease of doing business and living.
