12% GST to 5%

Tag: 12% GST to 5%

Modi Government Plans Biggest GST Reform: 12% Slab to 5%, 28% to 18%, New 40% Rate for Tobacco

2025-08-15 Niranjan Ghatule

Ahead of Diwali, the Modi government is set to announce major GST reforms, cutting the 12% slab to 5% on 99% goods, reducing most 28% items to 18%, and introducing a special 40% rate for tobacco products.

Modi Government Plans Biggest GST Reform: 12% Slab to 5%, 28% to 18%, New 40% Rate for Tobacco

Russian foreign Minister Sergey Lavrov Backs US-Iran Diplomacy, Calls for New Gulf Security Framework

Putin Meets Russia’s Top Military Graduates in Kremlin, Highlights National Security, Military Modernization and Global Challenges

Large-Cap Mutual Funds Increase Mid-Cap Exposure to 9.2%, Highest Since 2022

Here's What Russia Says About Trump's Plan to Resume Ukraine Peace Talks After Iran War Ends

Lavrov Blasts Europe Over Ukraine War, Accuses West of Sabotaging Peace Talks and Expanding NATO