GST Reforms Prove Tax Moderation Can Boost Revenues: Report
The Budget should outline a phased roadmap to bring petroleum, electricity and other excluded inputs under GST to restore tax neutrality and reduce cascading costs for industry, it added. It also listed other priorities including incentivising productive reinvestment and aggressively curtailing the parallel economy.
Dec 24, 2025, 16:11 PM IST
GST Reforms Spark Festive Sales Surge, Say Union Ministers
The Union Ministers highlighted that the GST rate rationalisation reforms which came in impact on September 22 have led to increased consumer demand, price reductions, and a visible boost in key sectors such as automobiles, electronics, and FMCG, among others.
Oct 18, 2025, 16:37 PM IST
From Handloom To Artisans, GST Rejig To Boost Chhattisgarh’s Economy
The GST reforms are expected to benefit approximately 1.5 lakh handloom weavers, many of whom are women engaged in decentralised rural production in districts such as Janjgir-Champa, Raigarh, Raipur, Mahasamund, Bastar and Sarguja.
Oct 17, 2025, 20:59 PM IST
GST 3.0 Should Aim At Having Only One Rate: Former Commerce Secretary Ajay Dua
Meanwhile, India’s economy witnessed its highest Navratri sales of consumer goods in over a decade, propelled by the government’s next-gen GST reforms that reduced tax rates and made products more affordable for the consumers.
Oct 04, 2025, 08:14 AM IST
'Each BJP Karyalaya As Sacred As Mandir...BJP Is In Government To Serve People': PM Modi
Stating that for BJP workers, each of its "karyalayas" is no less significant than a "Devalaya or Mandir," PM Modi said that BJP offices are not just structures, they are vital connections that bridge the party with grassroots levels and the aspirations of the people.
Sep 29, 2025, 19:59 PM IST
From Makhana To Shahi Litchi, GST Rejig To Boost Bihar’s Economy, Ramp Up Exports
From makhana farmers in Mithila to silk weavers in Bhagalpur, dairy producers linked with Sudha, and engineers at Madhepura’s rail factory, the GST reforms are expected to reach across the state’s traditional and modern sectors alike.
Sep 27, 2025, 18:44 PM IST
GST Reforms Will Boost Purchasing Power And Benefit All Sectors: Traders
Union Finance Minister Nirmala Sitharaman also visited Laxmi Nagar in the national capital after the implementation of the new GST reforms, where she interacted with shopkeepers and customers.
Sep 22, 2025, 23:48 PM IST
GST 2.0 Starts Tomorrow: Here’s What Gets Cheaper And What Stays Expensive– Check List
The GST reform is expected to give a big boost to India’s economic activity. With lower taxes on essentials, appliances, and vehicles, households are likely to spend more, especially during the festive season.
Sep 21, 2025, 14:07 PM IST
GST Reforms Reaffirm India’s Commitment To Empower Youth, Inclusive Growth
GST on gyms or fitness centres was slashed from 18 per cent to 5 per cent, making fitness more affordable and accessible. At the same time, the tax rates on two-wheelers (under 350cc) and small cars have been reduced from 28 per cent to 18 per cent, enhancing youth mobility.
Sep 20, 2025, 20:13 PM IST
GST Reforms To Reduce Counterfeit Goods Trade: FICCI CASCADE Chairman
For businesses, especially MSMEs, GST 2.0 introduces rationalised rates that address distortions caused by the inverted duty structure. Sectors critical for rural employment and manufacturing—such as tractors, farm machinery, fertilizers, textiles, handicrafts, auto components, and construction inputs—are now subject to lower, more rational rates, the report said.
Sep 18, 2025, 17:39 PM IST
GST 2.0 To Put More Cash In Hand For Indians, Rs 2 Lakh Crore To Flow Into Economy: FM Nirmala Sitharaman
Addressing the Outreach and Interaction Programme on Next Gen GST Reforms, Sitharaman said, “With this new gen tax regime, with only two slabs (5 per cent and 18 per cent), Rs 2 lakh crore is injected into the economy. People will have cash in hand."
Sep 17, 2025, 17:07 PM IST
GST Reforms For MSMEs To Fuel Growth And Employment Across India
Affordable bikes support gig workers, farmers, and rural traders and cheaper cars aid MSMEs and dealerships in small towns. GST reduction to 5 per cent on tractors (less than 1800 cc) strengthens India's global tractor manufacturing leadership and assists ancillary MSMEs.
Sep 14, 2025, 10:21 AM IST
GST 2.0 Could Finally Cement Affordability In Indian Real Estate: Expert
GST Reforms For Real Estate: For developers and homebuyers alike, this is not a technical tweak, it is a reset. Construction costs, which have climbed steadily in the past five years, are expected to fall by 3-5 per cent.
Sep 13, 2025, 10:08 AM IST
PM Modi Sits In Last Row Among BJP MPs During Party Workshop
Prime Minister Narendra Modi on Sunday attended the BJP workshops at the GMC Balayogi Auditorium in the Parliament complex, choosing to sit in the last row among fellow MPs, as the session unanimously passed a resolution endorsing the Centre's sweeping Goods and Services Tax (GST) reforms.
Sep 07, 2025, 14:59 PM IST
GST Reforms To Boost Global Capability Centres’ Growth In India: Report
The number of Global Capability Centres (GCCs) in India is expected to rise from 1,700 to over 2,200 by 2030.
Sep 07, 2025, 11:47 AM IST
GST Reforms To Boost Global Capability Centers' Growth In India: Report
Earlier, services by GCCs to overseas affiliates often faced the risk of “intermediary” classification, leading to disputes, GST taxability on services and denial of export benefits, according to the report by Grant Thornton Bharat.
Sep 07, 2025, 11:06 AM IST
GST On Local Delivery Services: Why High Delivery Tax Will Hit MSMEs And Consumers Hardest
According to experts, since local delivery services have not been defined under the GST Law, it is expected that the definition and ambit of such services would be notified subsequently.
Sep 06, 2025, 20:00 PM IST
GST 2.0: Here Is How To Check And Compare Savings On Products, Post Next-Generation Reforms
The move follows Prime Minister Narendra Modi's announcement in his Independence Day speech, about the next-generation GST reforms roll-out during Diwali this year.
Sep 06, 2025, 17:29 PM IST
Electronic Manufacturing Sector Surges To Rs 11.5 lakh Crore, Creates 25 Lakh Jobs: Minister
Addressing a press conference at the BJP headquarters over the recent GST overhaul here, the minister said the electronic products exports jumped eight times during the period and the industry now provides employment to over 25 lakh people.
Sep 06, 2025, 15:21 PM IST
Neutral On Indian Equities, GST Reforms To Boost Consumption: Report
MSCI India has declined 10 per cent over the past 12 months, while MSCI EM has increased by 18 per cent. G-sec yields increased significantly from June to August, with the 10-year rising from 6.19 per cent to 6.57 per cent.
Sep 06, 2025, 14:24 PM IST