GST 2.0 Takes Effect Today; Over 375 Items Directly Impacting Household Budgets Across Country Getting Cheaper

mailto:inewsonline@gmail.com Under the new structure, the majority of goods and services will now be taxed at either 5 per cent or 18 per cent, replacing the previous four-slab system. A higher rate of 40 per cent will apply exclusively to ultra-luxury items, sin goods, and other demerit products. September 22, 2025 at 08:19AMUnder the new structure, the majority of goods and services will now be taxed at either 5 per cent or 18 per cent, replacing the previous four-slab system. A higher rate of 40 per cent will apply exclusively to ultra-luxury items, sin goods, and other demerit products.

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