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Taxes on a host of products from toothpaste and shampoo to dish washers, television sets and small cars are set to come down, with the Goods and Services Tax (GST) Council on Wednesday approving a massive restructure of the indirect tax system meant to stimulate consumption demand and boost economic growth, state finance ministers said.

Read : https://tinyurl.com/59ynfbk4
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Finance Minister Nirmala Sitharaman on Wednesday announced several measures for GST reforms, rationalising the rates. Many items have been brought under the nil GST regime, while a wide range of goods have been moved to the 5 per cent or 18 per cent slabs from higher slabs.

Check full list here πŸ‘‡
https://www.livemint.com/economy/gst-reform-nirmala-sitharaman-announces-reduced-gst-rates-for-these-items-zero-gst-check-full-list-here-11756918001110.html
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GST Council clears major tax reform: a simpler structure & a new 40% slab for luxury & sin goods. πŸ’΅

THESE products will attract 40% rates - check full list πŸ‘‡
https://www.livemint.com/news/india/gst-reforms-these-products-will-attract-40-rates-check-full-list-11756919967157.html
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#MintMarkets | πŸ“ˆ Markets open strong! Sensex jumps 888.96 points to 81,456.67, while Nifty rises 265.70 points to 24,980.75.

https://www.livemint.com/market
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🚨 GST 2.0 is here!
India’s GST Council, led by FM Nirmala Sitharaman, has rolled out a simplified 2-tier tax structure (5% & 18%) effective Sept 22. Rates drop on 175 essentials, while a 40% slab targets luxury & sin goods . PM Modi calls it a Diwali gift for citizens, farmers & MSMEs.

Watch!
https://www.youtube.com/watch?v=q7jwLM0LKYQ
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