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GST Reform: Government Unveils Next-Generation Changes; Daily Essentials Get Cheaper | Newspoint
India’s GST Council has rolled out a bold 40% tax slab for super luxury and sin goods the highest-ever GST rate. From private jets to pan masala, this move targets extravagance while easing the burden on essentials. Here’s a breakdown of what falls under this new slab, what it means for you, and how it fits into the broader GST reform to benefit the common man.
📌 What’s taxed under 40%
📌 Why this slab was created
📌 When the new rate applies
📌 What changes for the middle class
#gst #superluxury #taxes #nirmalasitharaman #wion #gstupdate
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