Finance

GST Rate Cuts Explained: Full List of Items Under 5% and 18% Slabs

GST Rate Cuts 2025: Two-Tier Tax Structure and Key Benefits Explained Finance Minister Nirmala Sitharaman announced a major GST rate cut following the 56th GST Council meeting held on Wednesday. The decision, which came after 10.5 hours of detailed discussions, marks a historic shift from the four-tier GST structure (5%, 12%, 18%, 28%) to a […]