Browsing: GST
The Lok Sabha, on the first day of the Winter Session on Monday (December 1, 2025), passed a Bill to replace an ordinance which implemented reforms in the Goods and Services Tax (GST) in Manipur, amid disruptions and Opposition protests over the Special Intensive Revision (SIR) of electoral rolls in nine States and three Union Territories
The government has announced a month long drive called “GST Bachat Utsav”, starting from 22 September and will be continuing till 21 October 2025. The aim of the campaign is to highlight the benefits of the new GST reforms and show how people can save money in daily shopping.
India cut the goods and services tax on small cars, televisions, air conditioners, textiles and a range of household goods from September 22, in a major rate overhaul aimed at spurring consumption ahead of the festive season, even as Trump’s tariffs threaten the country’s exports.
The Indian economy is expected to reach $20.7 trillion by 2030 and possibly $34.2 trillion by 2038, according to the August 2025 edition of EY Economy Watch.
Prime Minister Narendra Modi on Sunday said the Centre has circulated the draft of the next-generation GST reforms among states and sought their cooperation to implement the proposal before Diwali.
Union Minister Amit Shah to lead talks with the state ministers and the central ministers on the long pending issues on Goods and Services Tax (GST) reforms
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