03
Sep
Recommendations of the 56th Meeting of the GST Council held at New Delhi #GSTReform #GST2_0 #TaxSimplification #OneNationOneTax #GSTCouncil #NirmalaSitharaman #EaseOfDoingBusiness #EaseOfLiving #LowerTaxes #ConsumptionBoost #FMCG #MSME #EconomicGrowth #ViksitBharat2047 #IndiaGrowthStory #TaxReforms #MiddleClassRelief #GSTUpdate #IndiaEconomy New Delhi: PIB Delhi The Goods and Services Tax (GST) Council, in its 56th meeting chaired by Finance Minister Nirmala Sitharaman, has approved a landmark reform in India’s indirect tax system. The Council decided to reduce the existing four-tier GST structure to just two primary slabs – 5% and 18%. The new rates will be effective from September 22, 2025. In addition to the two main slabs, a…