GST REFORMS
People paying less for toothpastes to tractors, Congress spreading lies on GST: PM Modi
Prime Minister Modi criticized the Congress and opposition parties for misleading the public about GST rate cuts, highlighting reduced prices on items like toothpaste and tractors. He asserted that previous Congress-led governments engaged in "tax loot," burdening citizens with heavy taxes.
GST reforms will continue, PM Modi says
Prime Minister Narendra Modi emphasized the advantages of lowered GST rates and affirmed the ongoing nature of GST reforms to bolster India's economic growth. He highlighted that these structural reforms will simplify GST registration, reduce tax disputes, and expedite refunds for MSMEs. Modi expressed confidence that as the economy strengthens, the tax burden on citizens will further decrease.
"GST reform brought new liveliness in markets": UP CM Yogi hails PM Modi's GST reforms
Uttar Pradesh Chief Minister Yogi Adityanath expressed gratitude to Prime Minister Narendra Modi for implementing Goods and Services Tax (GST) reforms, which he said have revitalised markets and boosted the ODOP sector. He made these remarks at the UP International Trade Show 2025 in Greater Noida.
RBI sees GST reforms, policy measures driving consumption, business ease and growth optimism for H2 FY26
The RBI’s monthly report said tax reforms, GST simplification, and accommodative monetary policy are expected to support sustained consumption, ease of doing business, and investment, boosting growth optimism for H2 FY26 despite US tariff headwinds.
FM launches GST appellate tribunal to cut tax litigation
Nirmala Sitharaman launched the Goods and Services Tax Appellate Tribunal. GSTAT aims to reduce tax litigation. It will provide a single tax regime. The focus is on simplified decisions and digital filings. GSTAT and GST reforms will unlock capital. It will reduce legal issues. This will facilitate faster cash flow for MSMEs. It will help exporters and investors.
Landmark GST reforms to boost business, cut prices, drive consumption growth: RBI Bulletin
The RBI Bulletin said the recent GST reforms are expected to boost ease of doing business, lower retail prices, and strengthen consumption. The September 3 GST Council meeting streamlined rates from four slabs to mainly two (5% and 18%), rationalised sectors, addressed inverted duties, and simplified processes like registration, returns, and refunds, benefiting MSMEs, startups, and consumers.
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Odisha Assembly passes resolution praising GST reforms
The Odisha Assembly approved a resolution appreciating the central government's Goods and Service Tax reforms. This happened despite a boycott by the BJD and Congress. Chief Minister Mohan Charan Majhi stated the reforms will simplify taxes and boost economic growth. Opposition members criticized the BJP for taking political advantage and delaying the reforms.
Congress free to take credit for GST reforms if they feel people are happy: BJP
The BJP asserts that recent GST reforms have significantly reduced commodity prices, bringing relief to citizens. They criticized the Congress party's complaints, highlighting their historical inaction on tax reform. Sambit Patra suggested the opposition could share credit by acknowledging PM Modi's role if they believe the public is pleased with the changes.
GST 2.0: Aam aadmi and these 5 sectors are about to make a killing
India's recent GST reform, implemented on September 22, has brought welcome relief to both businesses and consumers. The tax adjustments have lowered the cost of essential goods and services, including healthcare and transportation. Industry leaders anticipate a significant boost in tourism and hospitality, with travel platforms already reporting increased bookings, particularly during the festive season.
Mediclaim relief happened because of me: Mamata Banerjee
Chief Minister Mamata Banerjee asserted that the GST reforms, particularly the removal of GST on mediclaim, were initiated by her demand, not the central government. She highlighted West Bengal's potential ₹20,000 crore loss due to these reforms but expressed willingness to accept it for public benefit.
ITC chief hails next-gen GST reforms as 'historic moment'
Sanjiv Puri, Chairman of ITC Ltd, hailed the new GST reforms. He said it is a historic step that will boost consumption. It will also energize small businesses. Puri noted the reforms will simplify business processes. He believes it will strengthen the 'Swadeshi movement'. ITC is committed to building Indian brands. The company supports numerous factories and MSMEs.
GST reforms will boost savings, directly benefit every section of society, PM Modi writes in open letter
Prime Minister Modi announced next-generation GST reforms, effective from September 22, initiating a 'GST Bachat Utsav' to boost savings across all societal sections. These reforms, featuring primarily 5% and 18% tax slabs, aim to reduce household expenses and foster self-reliance, encouraging the purchase of 'Made in India' products to support local industries and job creation.
'GST Bachat Utsav' brings festive buzz to every home: PM Modi
Prime Minister Narendra Modi emphasized the positive media coverage of reduced GST rates, calling it a "GST Bachat Utsav" that brings lower costs and brighter smiles to households. He highlighted the implementation of next-generation GST reforms nationwide, noting the double bonanza for people during the festive season. These reforms are expected to reduce kitchen budgets, particularly benefiting women.
Due to GST reforms, the impact of tariff may be lower: CEA Nageswaran
Chief Economic Advisor Anantha Nageswaran anticipates GST 2.0 will significantly boost India's domestic demand, potentially offsetting tariff impacts on growth. He expects India's FY26 GDP growth to approach the upper end of the 6.3-6.8% range. Nageswaran remains optimistic about Q2 GDP figures nearing 7% and assures that FDI attractiveness will persist long-term.
GST reforms to yield Rs 1.5 lakh crore in savings for renewable energy sector: Pralhad Joshi
Renewable Energy Minister Pralhad Joshi said that India is on track to achieve its target of 500 GW renewable energy capacity by 2030.
GST reforms can boost India's GDP by 0.8%, says Petroleum Minister Hardeep Singh Puri
Union Minister Hardeep Singh Puri announced that new GST reforms, effective today, are expected to boost India's GDP by 0.8%. He highlighted the reforms as a 'budget utsav,' bringing happiness and benefiting all sections of society, particularly the lower middle class.
People will save money on 99% of daily use items, Ashwini Vaishnaw hails GST reforms
New GST reforms are now in effect. Union Minister Ashwini Vaishnaw says this will help households save money. The tax slabs have been reduced. People will save on daily use items. The previous four-slab system is now a two-slab regime. Prime Minister Narendra Modi calls it a double bonanza. He also promotes the use of swadeshi products.
Only one CM opposed GST: Jairam Ramesh takes dig at PM Modi
"From 2006-2014, for eight years, only one CM opposed the GST, and that CM became the Prime Minister in 2014 and took a U-turn and emerged as a messiah of GST in 2017," Ramesh, General Secretary incharge of communications in Congress, told ANI.
PM Modi interacts with entrepreneurs of Arunachal on GST reforms
Prime Minister Narendra Modi engaged with local entrepreneurs and self-help groups in Itanagar, Arunachal Pradesh, on Monday. He explored an exhibition showcasing locally made items and emphasized promoting indigenous products under the 'Vocal for Local' campaign. Modi also inquired about the impact of GST reforms on traders, reinforcing the government's dedication to bolstering grassroots entrepreneurship in the state.
GST relief to increase savings of Indians, says Home Minister Amit Shah
As Shardiya Navratri commenced, Union Home Minister Amit Shah announced the implementation of Goods and Services Tax (GST) reforms, effective immediately. These historic reductions in GST rates, impacting over 390 products, aim to increase savings for commoners across various sectors like food, healthcare, and housing. Prime Minister Modi emphasized the festival's alignment with promoting 'Swadeshi' and a self-reliant India.
Congress accuses PM Modi of claiming “sole ownership” of GST reforms
Congress has criticized Prime Minister Modi for allegedly taking undue credit for GST reforms, asserting that the changes remain insufficient. The party argues the original GST structure was detrimental to consumers and that the current adjustments fail to adequately address the concerns of MSMEs and various sectors.
Income tax exemption, combined with GST reforms, will result in savings of Rs 2.5 lakh crore: PM Modi
Narendra Modi says that the poor and neo middle-class are benefiting from income tax relaxation and upcoming GST reforms. The income tax exemption up to Rs 12 lakh was announced in the Union budget. The new GST rates are set to roll out from September 22. Modi highlights that this combined effect will save citizens over Rs 2.
Adopt indigenous products in daily use: Amit Shah's appeal to citizens
Union Home Minister Amit Shah urged citizens to embrace indigenous products, aligning with Prime Minister Modi's call for 'swadeshi' to foster a self-reliant India. Shah emphasized the crucial role of NEXT Gen GST reforms in achieving this goal, highlighting reduced GST rates in key sectors like agriculture and textiles to boost domestic manufacturing.
PM Modi urges states to boost manufacturing, strengthen 'Aatmanirbharta' amid tariff challenges
Prime Minister Narendra Modi addressed the nation, advocating for increased domestic production under the 'Make in India' initiative. He emphasized the importance of self-reliance and quality in Indian products to enhance the nation's global prestige. Modi also highlighted the upcoming GST reforms, which are expected to accelerate India's economic growth and ease of doing business.
'Double bonanza': GST reforms to bring relief to poor & middle class from Sept 22, says Modi; highlights from PM’s address
Prime Minister Narendra Modi said the next generation of GST reforms, effective from Monday, will boost India's growth, simplify business operations, and provide relief to the poor and middle class. He called the UPA-era tax system 'complex' and framed GST 2.0 as 'Bachat Utsav,' coinciding with Navratri, to promote savings and ease of purchasing for citizens.
Congress dubs GST as 'Growth Suppressing Tax'; claims it is plagued by 'high number of tax brackets'
Following Prime Minister Modi's address on GST reforms, the Congress party criticized the regime as a "Growth Suppressing Tax" with structural flaws. Jairam Ramesh stated that the current reforms are inadequate and fail to address the concerns of MSMEs. The Congress has been advocating for a GST 2.0 since 2017, emphasizing the need for comprehensive changes.
Which sectors will gain from new GST reforms beginning from Monday?
The Goods and Services Tax (GST) Council has approved wide-ranging reforms that will impact key sectors of the economy, including food, housing, automobiles, agriculture, healthcare, and education. The measures, announced after the 56th meeting of the Council chaired by Union Finance Minister Nirmala Sitharaman, are set to come into effect from Monday, September 22, 2025.
"Transformative shift in India's healthcare": Pharma alliance lauds GST reforms ahead of implementation
The Indian Pharmaceutical Alliance lauds the upcoming GST reforms, effective Monday, as a transformative step towards affordable healthcare. Prime Minister Modi's initiative reduces GST on most medicines from 12% to 5%, with complete exemption for 36 critical life-saving drugs.
CM Yogi Adityanath outlines first phase of 'GST reforms awareness campaign' scheduled from Sep 22-29
Uttar Pradesh Chief Minister Yogi Adityanath launched a 'GST reforms awareness campaign' from September 22-29, aiming to educate traders and citizens about the benefits of the new two-slab GST system. Public representatives will engage with local markets, promoting indigenous products and explaining how the reforms will boost the economy and make goods more affordable during the festive season.
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