Zee News Under the new structure, the majority of goods and services will now come under 5 percent and 18 percent tax bracket. A higher rate of 40 per cent will apply exclusively to ultra-luxury items, sin goods, and other demerit products. https://ift.tt/AXcd2LU September 22, 2025 at 10:33AM Under the new structure, the majority of goods and services will now come under 5 percent and 18 percent tax bracket. A higher rate of 40 per cent will apply exclusively to ultra-luxury items, sin goods, and other demerit products.
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