‘GST Utsav’ from tomorrow: PM Modi calls it a festival of savings for all Indians

September 21, 2025 5:44 PM

‘GST Utsav’ from tomorrow: PM Modi calls it a festival of savings for all Indians

Prime Minister Narendra Modi on Sunday announced the launch of a nationwide “GST Utsav” from the first day of Navratri on Monday, describing it as a festival of savings for the people of India. The initiative coincides with the implementation of new GST rates across the country. Addressing the nation, PM Modi said that from September 22, citizens will be able to purchase a wide range of products at lower prices under the new GST framework. “Next Gen GST reforms being implemented from tomo...

From cars to groceries: what gets cheaper under new GST structure

September 21, 2025 2:08 PM

From cars to groceries: what gets cheaper under new GST structure

From automobiles and electronics to food items and medicines, as many as 375 goods and services will become cheaper from Monday as the new GST framework comes into effect. The GST Council’s decision to rationalise the tax structure from four slabs to just two — 5 per cent and 18 per cent — marks one of the most sweeping reforms since the introduction of the indirect tax regime. A special 40 per cent rate will continue to apply on luxury and sin goods, including tobacco, pan masala, sugary...

GST Reforms: Generous, Simplified, and Timed Well

September 4, 2025 7:52 PM

GST Reforms: Generous, Simplified, and Timed Well

The Narendra Modi Government is in a hurry, and for all the good reasons. An income tax cut for all those earning up to Rs. 12 Lakh per annum and rejigging the GST slabs in the same calendar year are signs of intent and commitment. The Modi Government wants people to consume more, for people to be able to afford more, for MSMEs to be able to sell more, and for small entrepreneurs to be able to manufacture more. The 7.8 per cent growth rate in the first quarter of the ongoing financial year has ...