📢 GST 2.0 – New Rates Likely from 22 September 2025

---

📅 Timeline

- 3–4 Sept 2025 – GST Council meeting in New Delhi to finalise changes

- ~10 Sept 2025 – Notifications expected within 5–7 days after meeting

- 22 Sept 2025 – New GST rates likely to take effect

---

🏛 Rate Structure Overhaul

- Current Slabs: 0%, 5%, 12%, 18%, 28%

- Proposed New Slabs:

- 0%
- 5% (Merit rate)
- 18% (Standard rate)
- 40% (Luxury/Sin goods)

- Special concessional rates of 0.1%, 0.3%, and 0.5% will remain for MSME and labour-intensive goods
- 12% and 28% slabs will be removed

---

📉 Likely to Get Cheaper

- Small cars & commuter two-wheelers – ₹20,000 to ₹60,000 drop
- Compact SUVs (e.g., Brezza, Venue, Sonet, Nexon) – up to ₹1.5 lakh drop
- FMCG & white goods – lower rates to spur demand
- Packaged food & essentials – relief for households

---

📈 Likely to Stay High / Get Costlier

- Luxury cars & premium bikes – 40% GST slab
- Alcohol, tobacco, and other sin goods – higher levy maintained

---

🏥 Insurance Premium Proposal

- Health & life insurance premiums for individuals may be GST-exempt (currently taxed at 18%)
- Some states have expressed concerns – final decision pending GST Council approval

---

💰 Revenue Impact

- Estimated ₹60,000–₹85,000 crore annual revenue loss for Centre and States combined
- Compensation mechanism to be discussed in September meeting

Cool 😍
The Apple logo on the #AppleEvent invite page is interactive.

 official stores
2nd September in Hebbal Bangalore
4th September in Pune