
GST rates to come down drastically! 99% of items in 12% bracket may move to 5%; here’s how you will benefit – Times of India
Presently, the GST system has four tax tiers of 5, 12, 18, and 28 percent. (AI image) New GST tax rates soon! Come this Diwali, you will have to pay much lower indirect taxes on several items of daily use, thanks to next-generation Goods and Services Tax (GST) reforms set to be unveiled by the…