https://www.taxtmi.com/news?id=56378 The government revised the Goods and Services Tax into a predominantly two tier structure, lowering rates on a large number of everyday goods and services while retaining elevated taxation for ultra luxury and sin goods. The reform aims to simplify compliance, reduce consumer prices, increase ease of doing business, and stimulate domestic manufacturing and MSME activity by encouraging pass through of tax benefits and state level investment facilitation. en-us Sun, 21 Sep 2025 19:01:02 +0530 Sun, 21 Sep 2025 19:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56378 The government revised the Goods and Services Tax into a predominantly two tier structure, lowering rates on a large number of everyday goods and services while retaining elevated taxation for ultra luxury and sin goods. The reform aims to simplify compliance, reduce consumer prices, increase ease of doing business, and stimulate domestic manufacturing and MSME activity by encouraging pass through of tax benefits and state level investment facilitation. News - Sun, 21 Sep 2025 19:01:02 +0530 https://www.taxtmi.com/news?id=56378