About this document
GST Rate Changes and Impacts Summary by efilemds05 is a document available to read on EtoBox.
The latest GST updates include a proposed hike in GST on aerated drinks, cigarettes, and tobacco to 35% to offset losses from rate cuts on other items. Finance Minister Nirmala Sitharaman indicated that policyholders would benefit from a potential GST rate cut on insurance premiums. The upcoming 55th GST Council meeting will focus on reforms and the inverted duty structure, with a significant portion of GST revenue coming from the 18% slab.
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- efilemds05
- Language
- EN