https://www.taxtmi.com/news?id=55938 Next Generation GST reforms consolidate rates into two principal slabs-five per cent and eighteen per cent-moving most items from intermediate and high-rate categories into these slabs, an action designed to increase disposable cash for taxpayers and stimulate demand. The reforms are presented alongside expanding GST collections and a growing registered taxpayer base, framing rate rationalisation as a structural measure to simplify compliance, reduce tax burden friction, and support aggregate economic activity. en-us Wed, 17 Sep 2025 12:31:02 +0530 Wed, 17 Sep 2025 12:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=55938 Next Generation GST reforms consolidate rates into two principal slabs-five per cent and eighteen per cent-moving most items from intermediate and high-rate categories into these slabs, an action designed to increase disposable cash for taxpayers and stimulate demand. The reforms are presented alongside expanding GST collections and a growing registered taxpayer base, framing rate rationalisation as a structural measure to simplify compliance, reduce tax burden friction, and support aggregate economic activity. News - Wed, 17 Sep 2025 12:31:02 +0530 https://www.taxtmi.com/news?id=55938