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Indian Economy
People shop at a market in Srinagar, Jammu and Kashmir, on September 23, 2025. New Goods and Services Tax (GST) rates take effect from September 22, 2025, with most goods and services falling into two tax slabs of 5 percent and 18 percent, while ultra-luxury items are taxed at 40 percent. (Photo by Firdous Nazir/NurPhoto)
Photo Details
| Photo ID | #12789073 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Firdous Nazir/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Firdous Nazir/NurPhoto |
Related Keywords
market
Srinagar
Jammu and Kashmir
September 23
2025
Goods and Services Tax
GST rates
tax slabs
5 percent
18 percent
ultra-luxury items
40 percent
Firdous Nazir
NurPhoto
shopping
new tax rates
effective date
September 22
2025
taxation
consumer goods
services
economic policy
financial impact
tax reform
luxury goods
retail
pricing
fiscal policy
Indian economy
tax changes
local market
economic regulation
tax implementation.
2026 NurPhoto. All rights reserved.
This image is the property of NurPhoto and is protected under international copyright laws.
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