GoM Endorses GST Reform: Proposal to Cut Slabs from 4 to 2 Moves Forward

AGroup of Ministers (GoM) has approved in principle the Union government's proposal to reduce the number of Goods and Services Tax (GST) brackets from four to two. The move, aimed at reducing the tax burden on consumers and streamlining compliance, is being seen as a potential precursor to "GST 2.0.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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