Prime Minister Narendra Modi’s GST 2.0, unveiled as a Diwali gift to the nation in 2025, marks a historic overhaul of India’s taxation system aimed at reducing the burden on the common man and fueling economic growth. This bold reform collapses the previous four-tier Goods and Services Tax structure into just two main slabs—5% for essentials and 18% for most other goods, while luxury and sin goods will now face a 40% rate. As a result, countless household items, including food, soap, toothpaste,