GST 2.0 Next Generation Reform: Streamlined Notifications issued for GST Rates and Exemptions w.e.f. September 22, 2025 The Next Generation 2.0 GST Rate Reform, implemented through a series of notifications dated September 17, 2025, represents a comprehensive restructuring of India’s Goods and Services Tax ( GST ) rate system. The reform aims to simplify the tax structure, remove anomalies, and align GST rates with the current economic and policy priorities. It rationalises goods and ... Finance Minister Nirmala Sitharaman announced significant GST rate cuts following the 56th GST Council meeting, implementing a two-tier structure of 5% and 18% effective September 22. The rate ... New GST Rates 2025: The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman in New Delhi on 3rd September 2025, introduced sweeping reforms to simplify India’s tax regime and provide relief to citizens. New Vs Old GST rates : Check complete list of items under 5%, 18% and 40% slabs, these goods exempted The Goods and Services Tax Council has decided to rationalise the current four tax slabs to a ...
