ilmscore | Prediction Details
"He said that we'll now move down to only two slabs one 5% and one 18%. He has also said that we'll also introduce one more GST slab which will be 40% and that will typically be for sin goods and luxury goods. ... But apart from that 40% slab, we will be focusing only on two slabs now or we'll be boiling down to only two slabs right now which is 5% and 18%."
By CA Rachana Phadke Ranade | August 22, 2025 | Pending
From video
India’s Big Consumption Boom: What’s Driving It? | CA Rachana Ranade 00:02:53 - 00:03:22
Interpreted Prediction
The Indian government plans to simplify GST into two main slabs: 5% and 18%, with a 40% slab for sin and luxury goods.
AI Evaluation Notes
Checking for updates on GST slab simplification in India. Unable to find definitive information about the implementation of the predicted GST structure with 5%, 18%, and 40% slabs as of January 2, 2026.

Prediction Details

Topic
GST Simplification

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