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Tag: Luxury Tax

Posted inTaxation

New GST Regime Introduces 40% Slab for Luxury and Sin Goods

by Industrial FrontSeptember 4, 2025September 9, 2025

  Government promises relief for common man, shifts tax burden to the wealthy New Delhi, Sept 4, 2025: The Government of India’s sweeping Goods and Services Tax (GST) reform has introduced a new 40% slab, marking one of the most significant structural changes since GST was first implemented in 2017. While the reform simplifies taxation […]

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