GST 2.0: The new GST system has reduced tax on around 370 items. These include lifesaving medicines and daily essentials. More than 50 items now come under the zero-tax bracket. Image: IANS The Goods ...

Indian families will pay a lot less for their groceries, insurance, clothes, cars and other products from September 22 if companies pass on the benefit of lower goods and services tax (GST) to ...

NEW DELHI: The next generation GST reforms will leave more disposable income with the people, boost consumption and help inject nearly Rs 2 lakh crore in the economy, finance minister Nirmala ...

The Government of India has announced sweeping changes to the Goods and Services Tax (GST), effective September 22, 2025. More than a rate cut, this is a structural reset with implications for ...

New Delhi: GST reforms, including the tax rate cuts effective 22 September, aim to benefit the poor and middle class, farmers and small businesses while boosting consumption and investments, finance ...

There can be good news for those who dream of buying a house this Diwali. Prime Minister Narendra Modi announced on Independence Day that the country's complex GST structure will now be simplified.

Finance Minister Nirmala Sitharaman on Friday said that drafting the new GST proposal was a “fascinating” and “absolutely rewarding” exercise for her. In an interaction with Network18 Group ...

In a major boost to household budgets ahead of Navratri and Diwali, the GST Council led by Finance Minister Nirmala Sitharaman has approved a sweeping overhaul of India’s indirect tax regime. From ...

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 ...

New Delhi: The GST reforms can moderate CPI inflation in the range of 65-75 bps over FY26-27, an SBI report has said, adding that the simpler GST 2.0 system unleashes plethora of benefits in the form ...

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.