The timing could not be better. Indias economy grew at 7.4 per cent in the last quarter of fiscal 2024-25, but global uncertainties demand fresh momentum. 

Why GST 2.0 is a global signal that India means business, EXPLAINED

After a daylong meeting in Delhi on Wednesday, the GST Council approved a two-tier tax rate structure of 5% and 18% scrapping the 12% and 28% brackets. The move leaves three brackets, including, 5%, 18% and 40.

GST simplified: 18% rate applies to these products under new reforms — Check the surprises for you

The Goods and Services Tax (GST) Council, during its 56th meeting that stretched for more than 10 hours on Wednesday, approved a new wave of reforms in the eight-year-old indirect tax regime. Let's have a look at the GST new rates 2025 along with the 18 per cent GST items list.

New GST Rates 2025: What’s cheaper, what’s costlier after GST revamp? Check full list here

India: 5% GST to be levied on pre-packed and labelled food items like curd, paneer, wheat

GST rates cut on 33 items; 7 items moved from 28% GST rate

When the new rates came into effect yesterday, consumers were hoping to see their restaurants bill be considerably lower after companies said they will pass on the rate cut to the customers.

Twitterati lashes out at McDonald's after it fails to pass on GST rate cut to customers

The council also lowered the Goods and Services Tax (GST) rates for a number of daily-use products ranging from idli/dosa batter to kitchen gas lighter

GST tax rates for luxury cars hiked, 30 daily-use items made cheaper

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Why GST 2.0 is a global signal that India means business, EXPLAINED

GST simplified: 18% rate applies to these products under new reforms

New GST Rates 2025: Check what’s cheaper, what’s costlier after GST revamp?

India: 5% GST to be levied on pre-packed and labelled food items like curd, paneer, wheat

GST rates cut on 33 items; 7 items moved from 28% GST rate

Twitterati lashes out at McDonald's after it fails to pass on GST rate cut to customers

GST tax rates for luxury cars hiked, 30 daily-use items made cheaper