Tag: India tax reform

GST 2.0 Slashes Dairy Prices: Milk, Butter, Paneer Become Cheaper

India's GST 2.0 reforms, effective Sep 22 2025, cut tax on key dairy items to zero or 5%, lowering costs for milk, butter, ghee, paneer and curd. The GST Council reshaped the slab system to 5%, 18% and 40% rates, easing compliance and boosting consumption. Major brands like Amul and Mother Dairy are poised to pass savings to shoppers. The changes sit alongside tax breaks on health, education and essential goods.

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