The Centre’s proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. Furthermore, about 99% of goods currently in the 12% slab could be shifted to the 5% bracket.
The Centre’s proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. Furthermore, about 99% of goods currently in the 12% slab could be shifted to the 5% bracket.