Wed Sep 03 19:19:23 UTC 2025: Okay, here’s a news article based on the provided text:
**Headline: Government Streamlines GST, Reduces Slabs to Two: 5% and 18%**
**New Delhi:** In a move hailed as a simplification for small traders, the government today announced a major overhaul of the Goods and Services Tax (GST) structure, reducing the complex web of slabs to just two: 5% and 18%. This change comes eight years after the initial implementation of the GST, which was intended to be a landmark tax reform but often burdened small businesses with its intricate multi-tiered system. The government hopes this streamlining will ease compliance and boost economic activity.
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