Updated: Sep 03, 2025 22:50 IST
Sitharaman announces significant simplification in GST to dual rate structure of 5% and 18%, decision to lead to affordability, consumption
In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
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