Navneet Shukla’s Editorial Space

The GST Council’s major reform, effective from September 22, 2025, introduces sweeping changes to India’s Goods and Services Tax structure. Most essential goods and widely used services now attract sharply reduced GST rates—typically dropping to 5% or even zero—while luxury, sin, and select high-end products will incur a new 40% GST. The aim is clear: make the tax system more accessible and fair for households and MSMEs, simplify compliance, and encourage mass-market consumption.

GST Rate Changes w.e.f. September 22, 2025

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