GST 2.0 in India — A Deep Dive With Real Insights (2025)
Goods and Services Tax (GST) in India has come a long way since its launch in 2017. Over the years, I have seen GST evolve from a complex, multi-rate structure into a more stable and practical tax system. Goods and Services Tax (GST) in India underwent its biggest overhaul since inception on 22 September 2025 , ushering in what many tax experts and taxpayers are calling “GST 2.0.” This reform was designed to simplify the tax structure , reduce the everyday tax burden , and encourage consumption — while ensuring revenue for the government by strategically taxing luxury and harmful goods. In this blog, I’ll walk you through the new GST structure , key changes , item-wise live examples , what this means for your wallet/business , and my own take based on how these reforms are playing out on the ground. π’ What Changed — The New GST Structure The most fundamental change is the shift from the earlier four-slab system (5%, 12%, 18%, 28%) to a simplified tiered structur...