Tag: Goods and Services Tax (GST)

New GST slabs to ease burden on common man, small traders, MSMEs: MoS Finance Pankaj Chaudhary

The minister said that the reform will bring ease of doing business in multiple fields and be a huge relief for the healthcare & insurance sector.

September 4, 2025

“Will help each and every family of the country”: Union Minister Ashwini Vaishnaw on GST reforms

Vaishnaw said that the new GST tax slabs will be effective from the first day of Navaratri, and rates have been reduced for almost every item which is used in the lives of middle-class families.

September 4, 2025

“Appreciate Centre for realising its mistake after eight years”: P Chidambaram on GST reforms

He pointed out that the Congress party and several economists, including former Chief Economic Advisor Arvind Subramanian, had raised concerns about the tax structure when it was first implemented.

September 4, 2025

“One Nation, One Tax turned into One Nation Nine Taxes”: Mallikarjun Kharge questions delay in GST reforms

The Congress president targeted the Centre for celebrating record GST collections, from taxes collected by ordinary people, stating that for the first time, taxes have been imposed on farmers.

September 4, 2025

Dalal street on Fire: Nifty, Sensex surge over 1% as GST cuts spark pre-Diwali rally

Experts said the present conditions are favourable for a bull run, and any further reduction in tariffs could help markets scale new all-time highs soon.

September 4, 2025

“Reduced to formality”: Jairam Ramesh questions GST Council’s role following tax reforms

The Congress MP said that Union Finance Minister made major announcements following the GST council meeting; however, the decisions were proclaimed by PM Modi during his Independence Day speech.

September 4, 2025

“Will boost economic growth, support India’s vision of Atmanirbhar Bharat”: Hardeep Puri lauds GST reforms

"By making GST simpler and more predictable, these changes will boost economic growth and further support India's vision of Atmanirbhar Bharat," the post added.

September 4, 2025

Chidambaram Welcomes GST Cuts but Slams Centre for “8-Year Delay”; TMC Calls It ‘Victory of People’

TMC pointed to Finance Minister Nirmala Sitharaman’s earlier defence of GST on insurance premiums, which party chief and West Bengal CM Mamata Banerjee had labelled “cruel” and “anti-people.”

September 4, 2025

Industry Leaders Welcome GST Cuts; Anand Mahindra Urges ‘More Reforms to Unlock Growth’

The comments came after Finance Minister Nirmala Sitharaman announced sweeping cuts in GST on essential goods, automobiles, agricultural inputs, healthcare, and electronic appliances.

September 4, 2025

NDA Chief Ministers Hail PM Modi, FM Sitharaman for “Historic” GST Reforms

Maharashtra CM Devendra Fadnavis lauded the abolition of the 12% and 28% GST slabs, calling it a “truly historic reform.”

September 4, 2025