GST 2.0: 12% & 28% slabs set to go; sin goods face 40% levy

BySpecial Correspondent

Aug 16, 2025

gst-2.0:-12%-&-28%-slabs-set-to-go;-sin-goods-face-40%-levy

The Centre has proposed a GST 2.0 blueprint, aiming for simpler taxation with two main slabs of 5% and 18%. This revamp seeks to eliminate the 12% and 28% slabs, end compensation cess, and tax sin goods at 40%.

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GST 2.0: 12% & 28% slabs set to go; sin goods face 40% levy

BySpecial Correspondent

Related Post

Bhind villages become islands during rains:Hundreds of families flee flooded homes every year; rising River water destroys houses, crops, and livelihoods

₹2,000 crores spent on ₹800 cr tunnel in Jabalpur:CAG estimates irregularities of ₹100 cr; Sleemanabad project complaint reaches EOW

Heavy rain warning in 19 MP districts including Indore-Ujjain:Red alert in Barwani-Khandwa; 8 inches of rain expected in 24 hrs

News in Brief

Bhind villages become islands during rains:Hundreds of families flee flooded homes every year; rising River water destroys houses, crops, and livelihoods

Now you can deposit gold with jewellers too:Govt may announce new Gold Monetisation Scheme

₹2,000 crores spent on ₹800 cr tunnel in Jabalpur:CAG estimates irregularities of ₹100 cr; Sleemanabad project complaint reaches EOW

Heavy rain warning in 19 MP districts including Indore-Ujjain:Red alert in Barwani-Khandwa; 8 inches of rain expected in 24 hrs