Finance Minister Nirmala Sitharaman has announced a major GST rate cut, approving a two-tier structure of 5% and 18%. The reform, set to be implemented from September 22, is aimed at easing the tax burden on the common man.


Breaking: Majority items brought under 5% & 18% tax 

GST 2.0: Finance minister Nirmala Sitharaman announces new slab of 40% for sin, luxury goods

India’s GST panel has proposed a major relief for citizens — exempting health and life insurance premiums from the current 18% tax. The recommendation comes soon after Prime Minister Modi announced sweeping GST cuts to revive economic momentum amid trade tensions with the U.S. If approved by the GST Council in the upcoming meeting before Diwali, the move could lead to a revenue loss of ₹9,700 crore but ease financial burdens on millions of Indian families.


India's GST rate cuts keep markets on edge

India’s GST panel has proposed a major relief for citizens — exempting health and life insurance premiums from the current 18% tax. The recommendation comes soon after Prime Minister Modi announced sweeping GST cuts to revive economic momentum amid trade tensions with the U.S. If approved by the GST Council in the upcoming meeting before Diwali, the move could lead to a revenue loss of ₹9,700 crore but ease financial burdens on millions of Indian families.

India’s GST 2.0 reforms push gains momentum

The Indian government expects this festive season to see bumper diwali spending triggering the market and the economy.
Those expectations are driven by the government's decision to lower goods and services tax (gst) rates to come before Diwali.

Government expects demand boost from tax cuts

Prime Minister Narendra Modi, in his speech about GST reforms, said, "This Diwali, I am going to make it a double Diwali for you... Over the past eight years, we have undertaken a major reform in GST... We are bringing next-generation GST reforms. This will reduce the tax burden across the country"


Is India's latest GST reform better than the older one? | What got cheaper? 

The upcoming GST reform is likely to revamp the four-tier GST structure (5%, 12%, 18%, and 28%), streamlining it into two main slabs. Taxes paid by citizens will be drastically reduced, and it will benefit small industries as well as MSMEs, along with daily-use products.

GST overhaul by Diwali: What taxes will come down, what remains unchanged — Details inside

With plans to scrap the 12% GST slab, India eyes lower indirect taxes on key items—promising relief for consumers, streamlined compliance for businesses, and a more transparent, efficient tax structure.

India GST reforms: What will likely become cheaper?

Indias experiment with One Nation One Tax Did GST deliver on the promises

India’s experiment with 'One Nation, One Tax': Did GST deliver on the promises?

The finance minister stated that there is active work underway to review the current GST framework, including rate slabs, tax inversions, and the layering of levies.

India set for major GST overhaul; tax rates likely to fall

The most recent GST figures, published by the Ministry of Finance, arrive only days ahead of the Reserve Bank of India (RBI) gathering for its bi-monthly Monetary Policy Committee (MPC) session on 4 June.

India’s GST collections cross $24 billion in May: What it signals before RBI policy review

The personal details of an egg vendor and a juice vendor were fraudulently used to carry out transactions worth crores without their knowledge. India News Trending

Egg vendor gets Rs 50 crore tax notice due to fraudulent use of PAN, Aadhar

India News: The Lok Sabha on Tuesday passed the Finance Bill 2025, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements.

‘Prasad’ served at religious places exempt from GST, says FM Nirmala Sitharaman

India news: The ministry also cautioned the public against engaging with offshore gaming platforms, even though many Bollywood celebrities and cricketers, besides social media influencers, are found to be endorsing these platforms.

GST crackdown: 357 illegal gaming websites blocked, 2,400 bank accounts frozen

The GST Council recently made an announcement on the tax structure of popcorn, triggering a flood of online jokes and memes. Watch this report for more details!



India: Netizens React To Popcorn GST With Humour And Criticism

The GST Council recently made an announcement on the tax structure of popcorn, triggering a flood of online jokes and memes. Watch this report for more details!

Is this a case of sugar-coating taxes? India's GST Council, chaired by Finance Minister Nirmala Sitharaman, has surprised moviegoers and snack lovers by introducing different rates of Goods and Services Tax (GST) for popcorn. Prepacked salted popcorn will now attract a 12% GST, while caramelized popcorn faces a steep 18%. Earlier, the GST rate was uniformly 5% for all kinds of popcorn. Watch in for more details!



Caramel Popcorn Tax: Nirmala Sitharaman Explains Why Government Levied Extra GST

India’s latest tax hikes have sparked widespread discussions among businesses and consumers. First up, the country’s 32 billion dollar used car market is bracing for a shift. The GST council approved an increase in the GST rate on used cars, including electric vehicles, from 12 percent to 18 percent. Meanwhile, the council also increased the GST rate on caramel popcorn to 18 percent. This decision impacts popcorn sold in cinemas, where caramel popcorn constitutes around 10 percent of total popcorn sales.

GST Hike Sparks Concerns In India’s Pre-owned Car Market

Is this a case of sugar-coating taxes? India's GST Council, chaired by Finance Minister Nirmala Sitharaman, has surprised moviegoers and snack lovers by introducing different rates of Goods and Services Tax (GST) for popcorn. Prepacked salted popcorn will now attract a 12% GST, while caramelized popcorn faces a steep 18%. Earlier, the GST rate was uniformly 5% for all kinds of popcorn. Watch in for more details!

The GST is classified as 5 per cent on unpacked and unlabelled salted popcorn, 12 per cent on pre-packed and labelled ready-to-eat popcorn and 18 per cent on caramelised popcorn



Memes take social media by storm amid clarification over 18% GST on caramelised popcorn

Congress general secretary in-charge communications Jairam Ramesh said on Sunday (Dec 22) that there is significant GST evasion. He also said that input tax credit fraud is common and many fraudulent companies have come up to “game” the GST system



Congress criticises govt over caramel popcorn GST, asks if PM will show courage for GST overhaul

GST Council recently clarified the popcorn taxation structure at its 55th meeting on Saturday (Dec 21), in which caramelised, salted and plain popcorn are taxed differently based on their sugar content.

Following the Goods and Services Tax (GST) Council’s clarification on the three different tax slabs for popcorn, Congress called it an “absurdity” and highlighted the system's increasing complexity on Sunday (Dec 22).

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Breaking: Majority items brought under 5% & 18% tax

GST 2.0: Nirmala Sitharaman announces new slab of 40% for sin, luxury goods

India's GST rate cuts keep markets on edge

India’s GST 2.0 reforms push gains momentum

Government expects demand boost from tax cuts

Is India's latest GST reform better than the older one? | What got cheaper?

GST overhaul by Diwali: What taxes will come down, what remains unchanged

India GST reforms: What will likely become cheaper?

India’s experiment with 'One Nation, One Tax': Did GST deliver on the promises?

India set for major GST overhaul; tax rates likely to fall

India’s GST collections cross $24 billion in May: What it signals before RBI policy review

Egg vendor gets Rs 50 crore tax notice due to fraudulent use of PAN, Aadhar

‘Prasad’ served at religious places exempt from GST, says FM Nirmala Sitharaman

GST crackdown: 357 illegal gaming websites blocked, 2,400 bank accounts frozen

India: Netizens React To Popcorn GST With Humour And Criticism

India: Netizens React To Popcorn GST With Humour And Criticism

Caramel Popcorn Tax: Nirmala Sitharaman Explains Why Government Levied Extra GST

GST Hike Sparks Concerns In India’s Pre-owned Car Market

Caramel Popcorn Tax: Nirmala Sitharaman Explains Why Government Levied Extra GST

GST Hike Sparks Concerns In India’s Pre-owned Car Market

Memes take social media by storm amid clarification over 18% GST on caramelised popcorn

Congress criticises govt over caramel popcorn GST, asks if PM will show courage for GST overhaul

Memes take social media by storm amid clarification over 18% GST on caramelised popcorn

Congress criticises govt over caramel popcorn GST, asks if PM will show courage for GST overhaul