GST 2.0: Will Two Slabs Really Cut Prices—Or Just Help Businesses Jack Them Up?
The government sold GST 2.0 as a “simplification”—two slabs instead of the confusing multiple rates. On paper, that sounds like a win for the common man. Less tax, fewer complications, cheaper goods. But here’s the thought-provoking twist: what if businesses simply use this as an excuse to reprice their products,...