Thursday, September 4, 2025

Structural Reform.

5% and 18% : Just two GST slabs from 22 Sep

The 56th GST Council meeting held in New Delhi yesterday cleared all the proposed changes in the Goods and Services Taxes (GST), including the two-rate tax structure. Taxes on most daily use items, which were earlier in the 18% and 12% slabs, have been cut to 5%. Many goods in the 28% slabs were also brought down to 18%.

All these rates will come into effect wef 22 Sep.

This was as promised by PM Modi from the ramparts of the Red Fort on 15 Aug 2025.


Tailpiece.

Got up at 5, sent all the morning messages, switched on the hymns on the home theatre, lit up the puja room lamp and opened up the house for the day.

Fed the cats.

Walked within the house and recited my prayers.

The maid took away old newspapers and other items in the autorickshaw that had come by. 

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