Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and fa ...
India's GST framework has been overhauled, shifting to a simplified system with rates of 5%, 18%, and 40%. This aims to boost household spending and economic growth by reducing taxes on essential ...
In a cheer for the aam aadmi ahead of Navratri and Diwali, the Nirmala Sitharaman-led GST Council overhauled the complicated indirect tax regime, announcing sharp reductions in rates on food and daily ...
It cannot be straightforwardly concluded the GST rate cuts will boost GDP growth, either in the short term or the long term ...
Prime Minister Narendra Modi addresses the nation on Sunday, 21 September on the eve of the implementation of Goods and Services Tax (GST) reforms.
The 2025 GST reform simplifies India’s tax structure to two main slabs and reduces rates on most goods and services. With a ...
India’s new GST 2.0 is a game-changer for consumption-led growth! Lower taxes on essentials, textiles, autos and healthcare ...
(MENAFN- IANS) New Delhi, Sep 22 (IANS) In a big relief for the middle class consumers, the Goods and Services Tax (GST) reforms came into effect on Monday, giving relaxation in prices of several ...
A day before reduced GST rates come into effect, Modi made a strong pitch for promoting ‘swadeshi’ goods and asserted that the next generation GST reforms would accelerate India’s growth story, ...
In a historic step toward overhauling India's indirect tax system, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved sweeping rate rationalisation reforms.
GST 2.0 takes effect with rate cuts on life/health insurance, transport, delivery services, and more. Read about the key changes and their impact ...
The new GST system has reduced tax on around 370 items. These include lifesaving medicines and daily essentials.