GST Reforms | DD News

October 8, 2026 10:34 PM

PM Modi Welcomes New GST Reforms, Says Simpler Procedures, Decriminalisation Will Strengthen Trust-Based Tax Administration

Prime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the GST Council, saying the recommendations on removal of arrest provisions, greater decriminalisation and simpler procedures would have a positive impact on taxpayers and businesses and advance the government’s efforts towards a more efficient, transparent and citizen-friendly tax regime. PM Modi posted on X: “I welcome the new round of GST reforms approved by the GST Council. The Council’s recom...

October 8, 2026 7:20 PM

GST Council removes arrest powers of tax officers, eases compliance rules for businesses

The Goods and Services Tax (GST) Council on Thursday approved a series of taxpayer-friendly reforms, including the removal of arrest powers from tax officers and a significant increase in the prosecution threshold to Rs 5 crore from the existing Rs 1 crore. The decisions were taken at the 57th meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman in the national capital on Thursday. Addressing reporters after the meeting, FM Sitharaman said the Council focused on proc...

October 5, 2026 5:23 PM

PM Modi shares FM Sitharaman’s article highlighting next-gen GST reforms

Prime Minister Narendra Modi on Monday highlighted that the next phase of GST reforms will make compliance easier and improve the refund process, giving businesses greater confidence to invest and grow. Sharing Finance Minister Nirmala Sitharaman’s article on X, the Prime Minister's Office (PMO) said that the next phase of GST reforms will strengthen the foundation for a Viksit Bharat. FM Sitharaman said that next-gen GST is making taxation simpler and more predictable while supporting busin...

September 22, 2025 10:43 PM

GST reforms to boost GDP by Rs 20 lakh crore: Ashwini Vaishnaw

Union Electronics and IT Minister Ashwini Vaishnaw on Monday said that the simplification of the Goods and Services Tax (GST) framework will significantly improve ease of doing business, boost demand, and add nearly ₹20 lakh crore to India’s GDP. Speaking to the media, Vaishnaw said the reform is being welcomed across the country as it allows people to save a greater share of their income and makes most everyday essentials more affordable. Targeting the opposition, the minister remarked th...

September 22, 2025 4:27 PM

Sensex, Nifty end lower amid IT selloff and H-1B visa concerns

Indian benchmark indices ended in negative territory on Monday after a volatile trading session, with IT stocks leading the declines amid concerns over the US administration’s announcement of a $100,000 fee for new H-1B visas. The Sensex closed at 82,159.97, down 466.26 points or 0.56 per cent, while the Nifty ended the day at 25,202.35, down 124.70 points or 0.49 per cent. Both indices opened in the red, reflecting cautious sentiment following global cues and uncertainty over the visa fee. ...

September 22, 2025 4:24 PM

GST 2.0 gives booster shot to coal sector

The GST 2.0 reforms have brought major changes to the coal sector’s taxation structure, benefiting both producers and consumers of the fossil fuel, the Ministry of Coal said in a statement on Monday. Under the new framework, the ₹400-per-tonne Compensation Cess previously levied on coal has been completely removed, while the GST rate on coal has been increased from 5% to 18%. Despite the higher GST rate, the overall tax incidence for end consumers will be lower, thanks to the elimination of...

September 22, 2025 3:43 PM

GST reforms to boost India’s GDP by 0.8%, benefit all sections of society: Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday said that the implementation of the new Goods and Services Tax (GST) reforms will not only bring immediate relief to consumers but also boost India’s gross domestic product (GDP) growth by 0.8 per cent, strengthening the country’s economic momentum at a time of global uncertainty. Speaking to ANI on the day the reforms came into force, Puri said, “Apart from Navratri, the budget utsav has begun. There is a wave of happi...

September 22, 2025 11:35 AM

GST relief to increase savings of countrymen: Amit Shah

With the start of the nine-day Shardiya Navratri festival on Monday, Union Home Minister Amit Shah said that the new Goods and Services Tax (GST) reforms would come into effect across the country, promising increased savings for common citizens. Labeling the reductions as “historic,” Shah said that GST rate cuts have been implemented on more than 390 products. “Modi government’s gift of Next-Gen GST reform to all the mothers and sisters of the country on the auspicious occasion of Navra...

September 22, 2025 10:25 AM

GST 2.0 takes effect today, major tax reforms to ease prices for consumers

The Government of India on Monday implemented a major overhaul of the Goods and Services Tax (GST) regime, introducing a simplified two-tier tax system and revised rates for over 375 items, aimed at easing prices for consumers across the country. Under the new GST structure, most goods and services will now be taxed at either 5 per cent or 18 per cent, replacing the previous four-slab system. A higher rate of 40 per cent will apply only to ultra-luxury items, sin goods, and other demerit produc...

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...