India’s “Next-Gen GST”: A Simplified Tax Structure for a Stronger Economy
In a landmark decision on September 3, 2025, the 56th GST Council meeting delivered sweeping reforms—a turning point for India’s indirect tax regime. Chaired by Finance Minister Nirmala Sitharaman, the Council unanimously approved a streamlined Goods and Services Tax (GST) model: a dual-rate framework of 5% and 18%, complemented by a new 40% slab for […]
