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industrialfront

industrialfront

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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 19, 2025

  Government promises relief for common man, shifts tax burden to the wealthy New Delhi,  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 for everyday goods […]

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