Major GST Changes: 12% and 28% slabs to be removed
New Delhi The Centre has proposed a sweeping overhaul of the Goods and Services Tax (GST) structure, reducing the number of tax slabs while easing the burden on consumers. According to official sources, the proposal retains the 5% and 18% slabs, introduces a concessional rate below 1%, and sets a 40% “sin tax” on five…