InstaSpaces Blog - Expert Insights on Virtual Offices, Business Address Services & Compliance
Introduction — Why the 40% slab matters now The GST Council’s GST 2.0 package introduced a new 40% luxury/sin slab to consolidate earlier cess and high-rate structures into a single highest band. For businesses that manufacture, import, … [Continue reading]
Introduction – Small wheels, big relief The GST Council’s GST 2.0 package has delivered one of the most tangible consumer wins of the reform: reduced GST on small cars and bikes, bringing a meaningful tax cut for everyday buyers. From lower … [Continue reading]
Introduction – Quick snapshot for merchants If you sell household staples, packaged foods, or school supplies, the GST overhaul that takes effect on 22 September 2025 matters for your margins and pricing. The GST Council’s reforms have moved … [Continue reading]
Introduction – Why SME compliance just got easier Small and medium enterprises (SMEs) live and die by operational simplicity. The recent GST revamp — consolidating multiple intermediate rates into broadly 5% and 18%, and a higher 40% band for … [Continue reading]
Introduction – India’s Biggest Tax Reset The long-awaited overhaul of India’s indirect tax regime has arrived. On September 3–4, 2025, Finance Minister Nirmala Sitharaman and the GST Council unveiled a sweeping reform package popularly called … [Continue reading]