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

Last updated: 25 August 2025


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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