Top Business Consultants in India- BIZ Consultancy

The Goods and Services Tax (GST) in India has just gone through a big change. Finance Minister   Nirmala Sitharaman   announced n ew GST rates after the 56th GST Council meeting , and these changes will affect almost everyone — from everyday consumers to small businesses and startups. Starting  September 22 , India will move from a complicated four-tier system (5%, 12%, 18%, 28%) to a much simpler  two-tier structure of 5% and 18% , with a special  40% rate for luxury and harmful products  like tobacco and high-end cars. 👉 If you’re a business owner or startup and still need to get your GST registration done, you can  apply for GST Registration here . So, what exactly is getting cheaper, and why does it matter? Let’s take a quick look. ✅ What’s Becoming Cheaper The biggest relief comes in  everyday essentials  and products that businesses depend on: Zero GST (No tax at all): Milk (UHT), paneer, packaged chena All Indian breads — roti, chapat...