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India Rolls Out GST 2.0: Simplified Two-Tier Tax System with Cheaper Essentials, Costlier Luxury Goods

India's GST 2.0 launches with simplified 5% & 18% tax rates. Essentials, insurance, and education get cheaper, while luxury items, tobacco, and alcohol become more expensive.
Narendra Kumar
Published: Sep 22, 2025 · 12:00 AM IST · Updated: Sep 22, 2025 · 09:33 AM IST
1 min read
India Rolls Out GST 2.0: Simplified Two-Tier Tax System with Cheaper Essentials, Costlier Luxury Goods

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