GST Overhaul May Slash Prices on Dairy & Consumer Goods

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India is set to roll out a significant Goods and Services Tax (GST) overhaul, likely unveiled during the 56th GST Council meeting in September or October 2025, pending approval from the Group of Ministers (GoM) . Under the current draft, the multi-slab GST system will be simplified into two main rates: 5% and 18%, effectively…