The Goods and Services Tax (GST) next-gen reforms, which kicked in from Monday, September 22, will lead to a savings of 13% in household bills for groceries and daily essentials, while a small car ...

GST 2.0 Rates Highlights: The new Goods and Services Tax (GST) rates have come into effect today, with a plethora of household items, cars, bikes, and TVs, among others, becoming cheaper. The changes, ...

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 ...

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 ...

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 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 ...

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 ...

Indian taxpayers will experience a shift in the Goods and Services Tax (GST) structure, as the revamped GST 2.0 comes into force. The new system simplifies the tax regime with just two primary slabs- ...

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 ...

Small and low-risk businesses will get GST registration within 3 working days as the GST department rolls out a simplified GST registration scheme for small and medium businesses from Saturday. Small ...

The Goods and Services (GST) revenue for the Financial Year 2026 (FY26) will still be higher than budgeted collections, according to SBI Research. The report projects that even after accounting for ...