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GST Council slashes tax slabs to two to spur consumption; announces key measures for middle class
The GST Council on Wednesday rationalised the indirect tax structure, cutting the current four slabs down to two answering the Indian middle class’ long-pending demand. In a landmark decision that ...
Starting today, India's middle class can expect to save thousands, even lakhs, annually, thanks to sweeping 2025 GST reforms that slash taxes on essentials, insurance, cars, and electronics. The Modi ...
On 15th August 2025, Prime Minister Narendra Modi, from the ramparts of the Red Fort, laid out the blueprint of a Next-Generation GST-an overhaul that would simplify the tax structure and put citizens ...
Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting.(PTI) GST Council Meet: Union Finance Minister Nirmala Sitharaman on Wednesday announced a slew of ...
New Delhi: 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 essential and non-essential items ...
The new GST reforms, dubbed the "GST bachat utsav" by the government, came into force on September 22 — the auspicious first day of Navratri — with a promise to bring cheer to the middle class due to ...
For every ₹1 of GST revenue forgone, the economy expands by ₹1.08. Simply put, GST cuts generate the strongest growth impact among all tax measures. GST 2.0’s aim is to lift retail consumption.
MP for Dakshina Kannada Capt. Brijesh Chowta and MLA for Mangaluru City South D. Vedavyas Kamath have welcomed GST council’s approval of two-rate GST slab and said it has brought great relief to poor ...
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