https://www.taxtmi.com/news?id=56548 The announcement implements a broad reduction and elimination of GST rates on over three hundred ninety-five specified items under the Next-Gen GST Reforms, effective nationwide, reducing tax burden and altering taxable classifications; it is accompanied by a constitutional guarantee to states for compensation of revenue losses arising from the changes, creating an intergovernmental fiscal protection mechanism. en-us Mon, 22 Sep 2025 22:16:02 +0530 Mon, 22 Sep 2025 22:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56548 The announcement implements a broad reduction and elimination of GST rates on over three hundred ninety-five specified items under the Next-Gen GST Reforms, effective nationwide, reducing tax burden and altering taxable classifications; it is accompanied by a constitutional guarantee to states for compensation of revenue losses arising from the changes, creating an intergovernmental fiscal protection mechanism. News - Mon, 22 Sep 2025 22:16:02 +0530 https://www.taxtmi.com/news?id=56548