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Government unveils GST 2.0 with Rs 480 billion in tax cuts

04 Sep 2025, 03:39 PM IST i

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04 Sep 2025, 03:39 PM IST

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04 Sep 2025, 03:39 PM IST

GST 2.0, GST Slabs

The Government of India has announced GST 2.0 which has indicated a reduction in taxes to the tune of Rs 480 billion and reduction in taxes on wide ranging items of daily use by common man. (Image Source: Unsplash)

There has been steep cut in taxes on auto, processed foods, personal care, cement, Ac and durables, books and stationery, hotels (3995 mm, cigarettes etc. are placed in 40% bracket.

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