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 ...

On the eve of Navratri, Prime Minister Narendra Modi addressed the nation and announced the rollout of the next-generation GST reforms, calling it a landmark moment in India’s economic journey.

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 ...

India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...

The Goods and Services Tax (GST) Council, chaired by Union finance minister Nirmala Sitharaman, on Wednesday announced the most extensive revamp of the indirect tax system since its rollout in 2017.

B Sumant, the executive director of ITC, said the reforms have been “transformative for both consumers and businesses,” easing compliance and supporting growth. “The GST rate rationalisation across ...

Now businesses can make entries about imports in the Invoice Management System (IMS) under GST. According to the tax department, this will enhance the convenience of a GST assessee. “A new section for ...

GST Council Meet: The GST Council led by Finance Minister Nirmala Sitharaman on Wednesday decided to bring footwear and apparel priced till ₹2,500 under the 5 per cent GST slab, according to a report.