📢 GST Council Meeting Updates – 3rd Sept 2025
Published
The 56th GST Council meeting has brought big changes for businesses and consumers:
✨ Key Highlights ✅ New two-rate GST structure: 5% & 18% (with 40% slab for sin goods) ✅ Essentials & FMCG cheaper – soaps, shampoos, milk, paneer, breads, stationery now lower taxed or tax-free ✅ Small cars & bikes now at 18% (earlier 28%) ✅ Life & Health Insurance Policies – GST Exempt ✅ New rates effective from 22nd Sept 2025
💡 Expected to reduce prices, boost demand, and benefit FMCG, auto, retail & insurance sectors.
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