GST revamp on the cards! PMO gives go-ahead for major overhaul of Goods and Services Tax; 12% tax slab may be removed

Jul 16, 2025 - 14:00
GST revamp on the cards! PMO gives go-ahead for major overhaul of Goods and Services Tax; 12% tax slab may be removed

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India's Goods and Services Tax (GST) is poised for a major overhaul since its 2017 launch. A key change involves potentially moving items from the 12% GST slab to the 5% bracket, offering relief to consumers.

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