https://www.taxtmi.com/news?id=56106 Next Gen GST reforms simplify compliance, reduce rates, and target relief to the poor, middle class, farmers and MSMEs, with rollout timed to the festive season to benefit local purchasers and industries. The package narrows rate architecture to two principal slabs and provides a specific exemption for individual life insurance policies, including term, unit linked and endowment plans and related reinsurance, while highlighting sectoral relief for handicrafts, agricultural products and small scale manufacturers. en-us Thu, 18 Sep 2025 18:46:03 +0530 Thu, 18 Sep 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56106 Next Gen GST reforms simplify compliance, reduce rates, and target relief to the poor, middle class, farmers and MSMEs, with rollout timed to the festive season to benefit local purchasers and industries. The package narrows rate architecture to two principal slabs and provides a specific exemption for individual life insurance policies, including term, unit linked and endowment plans and related reinsurance, while highlighting sectoral relief for handicrafts, agricultural products and small scale manufacturers. News - Thu, 18 Sep 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=56106