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The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22. New GST rates : The decision was taken after a marathon day-long ... GST Council meeting new GST rates 2025 announced. Full list of rate cuts, exemptions and changes across food, healthcare, auto, insurance and more. India’s Finance Minister Nirmala Sitharaman introduced the most sweeping reform of the GST regime since its inception, GST 2.0. This new GST regime is aimed at simplifying tax rates , reducing inflation, boosting consumption ahead of the festive season, and rationalising the indirect tax structure through cooperative federalism. New Vs Old GST rates : Check complete list of items under 5%, 18% and 40% slabs, these goods exempted The Goods and Services Tax Council has decided to rationalise the current four tax slabs to a ...