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Finance Minister Nirmala Sitharaman chairs GST Council meeting: THESE goods may become cheaper, know about "sin goods"

DNA Wednesday, 3 September 2025 ()
The Nirmala Sitharaman-led GST Council is most likely to replace the current four slabs of 5 per cent, 12 per cent, 18 per cent, and 28 per cent with two slabs. Besides, a 40 per cent slab is likely to be introduced for "sin goods" such as tobacco and cars costing Rs 50 lakh and above.
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Video Credit: Oneindia - Published
News video: FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22

FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22 18:22

India is set for a major GST overhaul starting September 22, as Finance Minister Nirmala Sitharaman announced a new two-tier GST rate structure of 5% and 18%. From soaps to small cars, several common-use items will see revised prices. Sitharaman said the move is part of a broader “structural...

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