TODAY’S TEN: GST 2.0 slashes daily costs, tightens on sin goods
By Pragadish Kirubakaran, Pradeep Damodaran and Neeraja Gopalakrishnan in Media News on Thursday, 04th September 2025 at 3:03pmImage source: Binary Semantics, Daily Nawai Duggar and ET Now; Edited by Dinesh Raj M
When the GST Council wrapped up its marathon 56th meeting in New Delhi, Union Finance Minister Nirmala Sitharaman stepped out with what she called a reform “for the common man.” From September 22, India’s complex four-slab system will shrink to just two main rates — 5 per cent and 18 per cent — with a special 40 per cent bracket reserved for luxury and sin goods like tobacco, yachts and personal aircraft.
It’s the most sweeping overhaul since GST’s debut in 2017, one aimed at easing household budgets, reviving demand and simplifying compliance. But it’s also a gamble that could cost the exchequer Rs 48,000 crore in lost revenue, unless growth steps in to fill the gap.
Hot off...
To continue reading this article...
More Influencing|Tech
TODAY'S TEN: Are GST 2.0 reforms a gamble on growth?
By Pragadish Kirubakaran, Neeraja Gopalakrishnan and Meena Prashant in Media News on Friday, 05th September 2025 at 3:18pm
Australian Traveller switches on new Human-Powered AI
By Tony Bosworth in Media News on Friday, 05th September 2025 at 1:28pm
Stark’s Outside Ads campaign - a big test
By Will McLennan in Media News on Friday, 05th September 2025 at 11:49amSky News boosts weekend coverage with new shows
By Staff Writer in Media News on Friday, 05th September 2025 at 10:46am
THE BRIEF: Chinese whispers
By Tony Bosworth in Media News on Friday, 05th September 2025 at 6:06am
Prasar Bharati seeks industry feedback on Draft Content Syndication Policy 2025
By Staff writer in Media News on Thursday, 04th September 2025 at 7:27pm
Michael Charlton passes away aged 98
By Staff Writer in Media News on Thursday, 04th September 2025 at 4:11pm
Media news latest



Marcoms news latest


