‘Next Gen GST’ precursor to eventual single tax slab GST: Sources

‘Next Gen GST’ precursor to eventual single tax slab GST: SourcesGSTDated:- 16-8-2025PTINew Delhi, Aug 16 (PTI) Describing the proposed GST tax reforms as ‘Next Gen GST’, senior government officials on Saturday said that the two-slab tax regime will event

'Next Gen GST' precursor to eventual single tax slab GST: Sources
GST
Dated:- 16-8-2025
PTI
New Delhi, Aug 16 (PTI) Describing the proposed GST tax reforms as ‘Next Gen GST’, senior government officials on Saturday said that the two-slab tax regime will eventually pave the way for a single sales/services tax rate, hopefully by 2047.
They said the proposed new GST regime, which slashes tax rates and assigns just two slabs of 5 per cent and 18 per cent, will boost the economy and als

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