ReferIndia News GST Overhaul: Catalyst for Economic Momentum

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GST Overhaul: Catalyst for Economic Momentum

Published on: Sept. 4, 2025, 12:31 a.m. | Source: Devdiscourse

The GST revamp simplifies the tax structure to two slabs, 5% and 18%, to foster ease of doing business and stimulate economic growth. This reform focuses on labor-intensive sectors and common household items, aiming to boost domestic spending and enhance consumer sentiment amid global challenges.

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