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"Significant and substantial step": BJP leader Dilip Ghosh hails GST refor
Updated : 5 months, 3 weeks ago IST
The 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent and 28 per cent rates.
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Auto sector welcomes GST rate cut, urges Centre to focus on electric vehic
Updated : 5 months, 3 weeks ago IST
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
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GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 3 weeks ago IST
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
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GST rate cuts to lift India's GDP by 0.2-0.3% in FY26; stronger push forec
Updated : 5 months, 3 weeks ago IST
The Centre's decision to rationalise GST rates to two slabs - 5% and 18%, applicable from September 22, 2025, is expected to boost the country's GDP by 0.2-0.3% in the financial year 2025-26, according to Bank of Baroda economist Sonal Badhan.
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"Step in the direction of ensuring an Atmanirbhar Bharat": Piyush Goyal la
Updated : 5 months, 3 weeks ago IST
Speaking at the IPHEX 2025 International Exhibition on Pharma and Healthcare, the Union Minister said, "Yesterday's GST reforms are a step in the direction of ensuring an Atmanirbhar Bharat, an India which is self-sufficient, self-reliant, an India whose supply chains are self-reliant, an
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PM Modi won trust of states across country to implement GST: MoS Finance
Updated : 5 months, 3 weeks ago IST
Minister of State for Finance Pankaj Chaudhary on Thursday said that Prime Minister Narendra Modi won the trust of states, which made the rollout of the Goods and Services Tax (GST) possible.
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"Will reduce burden on common consumers": Rajasthan CM Bhajanlal Sharma ca
Updated : 5 months, 3 weeks ago IST
Rajasthan CM asserted that the decision will not only make the tax system more straightforward but also transparent.
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With GST 2.0, Govt's focus shift from capex oriented spending to consumpti
Updated : 5 months, 3 weeks ago IST
The government's announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country's economic strategy.
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"Through new GST reforms, booster dose given to India's 'Swadeshi' campaig
Updated : 5 months, 3 weeks ago IST
While speaking to ANI, Bihar Deputy CM said, "I thank the Prime Minister and the Finance Minister that under their guidance, the entire GST Council has passed it. The concerns of farmers, the common man, and the entire Indian economy have been addressed. The medical sector has been completel
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New GST slabs to ease burden on common man, small traders, MSMEs: MoS Fina
Updated : 5 months, 3 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary stated that the new Goods and Services Tax (GST) slabs will provide relief to the common man, small traders and micro, small and medium enterprises (MSMEs).
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"PM Modi's big gift for common man before Diwali": Manjinder Sirsa lauds G
Updated : 5 months, 3 weeks ago IST
Sirsa said this reform will provide a significant boost to the nation's economy.
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"PM Modi reminding Congress of its failures": BJP's Pradeep Bhandari lauds
Updated : 5 months, 3 weeks ago IST
Bhandari said Congress pushed India into "fragile five" economies.
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