Indian stock markets soared today after Prime Minister Narendra Modi announced sweeping reforms to the Goods and Services Tax. The proposal cuts four tax slabs down to just two, with everyday items and even cars likely to get cheaper. But the changes could also cost the government over ₹1.5 lakh crore in revenue. Here’s what the reforms mean for you.br br ---br br India | Goods and Services Tax | PM Narendra Modi | GST Reforms | Tax Cuts | Tax Revenue | Firstpost | World News | News Live | Vantage | Palki Sharma | News br br #india #narendramodi #taxcuts #gst #gstreforms #taxslabs #firstpost #vantageonfirstpost #palkisharma #worldnews br br Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.br br The show is anchored by Palki Sharma, Managing Editor, Firstpost.br br By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.br br Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.br br Subscribe to Firstpost channel and press the bell icon to get notified when we go live.