GST revamp: What are the latest tax rates on cars, gold, phones, cigarettes? Check details

The GST Council has announced a major overhaul of the indirect tax system, introducing a simplified two-slab structure of 5% and 18%, along with a 40% slab for luxury and sin goods. Small cars and motorcycles up to 350cc will see reduced GST rates, while electric vehicles and gold remain unchanged.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/erOnZxh