TAX RELIEF: GST Council simplifies tax structure with only 2-slab structure
A simplified two-rate system of 5 and 18 per cent introduced. A special 40 per cent slab for select items introduced. STC NEWS DESKNEW DELHI, SEPTEMBER 04 (STC): The GST Council has approved a major overhaul of the indirect tax regime, replacing the existing four-tier structure of 5, 12, 18, and 28 per cent with…

