The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts. As the next-generation reforms have taken effect, many still have questions and are seeking clarity. Here's what you neeed to know. | NDTV

With the aim of implementing 'One Nation, One Tax’ , Goods & Services Tax (GST) was rolled out on 1st July 2017 under the leadership of Hon'ble Prime Minister Narendra Modi and the GST regime is completing six years on July 1, 2023. Hailed as one of the biggest tax reforms of the country, GST subsumed many indirect taxes which were imposed by Centre and states such as excise, VAT, and service tax. It is levied on both goods and services sold in the country. GST is a prime example of cooperative