September 3, 2025
GST Council's Masaledar Makeover: Slashing Tax Slabs, New 40% Rate & 5% GST on Electric Vehicles!
The GST Council is stirring up excitement as it plans to simplify tax slabs to just two rates - 5% and 18%. Expect some goods to face a spicy 40% tax, while EVs might enjoy a sweet 5% rate. Opposition states want compensation for revenue hits, but the Centre promises a win-win. Big changes could mean lower prices and happier pockets!