New GST Rates 2025 Live Updates: In a major relief for consumers and small businesses, the GST Council, comprising the Centre and states - under PM Narendra Modi, has decided to reduce tax rates on ...
A day before the rollout of GST 2.0, Prime Minister Narendra Modi asserted on Sunday that the next-generation reforms will accelerate India's growth story, urging people to promote 'swadeshi' products ...
Effective September 22, 2025, the Modi government's GST 2.0 simplifies taxation with two slabs (5% and 18%), benefiting households, businesses, and farmers. Essentials become cheaper, life insurance ...
New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...
New GST Rates Highlights: Around 375 items are set to get cheaper after the GST reforms announced by the Centre come into effect today, on September 22. Check out the details here. (Gemini AI) New GST ...
The reduction of GST on daily essentials like milk, medicines, and packaged foods from 12% to 5% is set to lower costs for consumers. This change will directly increase disposable income. “Since tax ...
The revision in GST rates has a two-fold impact; it not only makes vehicles more affordable but also brings relief to bike owners through slightly lower insurance premiums. Since GST is directly added ...
India's GST collections softened in November 2025 due to the rationalisation move that reduced the indirect tax of hundreds of items. GST collections are up 8.9% annually at ₹14,75,488 crore in the ...
According to official data, gross GST collections reached a record ₹22.08 lakh crore in 2024–25, a 9.4 per cent increase over the previous year, with average monthly collections of ₹1.84 lakh crore.
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