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 ...
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How will GST cuts impact the middle class
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 ...
The Goods and Services Tax (GST) Council on Wednesday, 3 September, approved wide-ranging reforms designed to simplify the tax regime and reduce the burden on citizens and businesses. At its 56th ...
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 ...
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GST: GST reform will fulfill the dream of middle class to own a house, there will be savings of up to ₹ 7.5 lakh..
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 ...
Mumbai: Just before Diwali, the Indian government has brought great news for middle-class families. The GST (Goods and Services Tax) rates have been reduced, making many electronic items, including ...
People on Monday expressed gratitude to Prime Minister Narendra Modi after the new Goods and Services Tax (GST) slab implementation came into effect for several goods and items, emphasising that the ...
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.
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