- GST Council to discuss moving all food and textile products to 5 percent slab
- Proposal includes reducing GST on cement from 28 percent to 18 percent
- Government aims to simplify tax regime and address classification issues
- Evaluating GST rates on common services for possible reduction to 5 percent
- Small salons exempt from 18 percent GST, mid
- and higher-end salons not
- GST for term assurance and health insurance policies to be zero
- Small cars to face 18 percent GST, larger cars 40 percent
- GST Council meeting on September 3 and 4, 2025, in New Delhi
- Officers’ Meeting scheduled for September 2, 2025
- Government aims to implement GST cuts before Dusshera-Diwali season
- Group of Ministers proposed dual GST rate structure of 5 percent and 18 percent
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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