Amber Enterprises, Trent among key winners of GST-driven demand upswing
India’s retail sector is poised for a consumption-led revival as the GST Council’s recent decision to rationalize tax slabs promises to lower prices across a wide spectrum of goods. Effective September 22, the new structure simplifies the system into two primary slabs—5% and 18%—while retaining a 40% rate for sin and luxury items. The most…