GST 2.0 Reforms: NDTV Profit Decodes Impact On Markets

The government's much-anticipated GST 2.0 reform came into force today, introducing sweeping rate cuts aimed at easing the financial burden on households, small businesses, farmers, and youth. The changes are being widely welcomed by the public, especially due to reduced taxes on essential commodities, daily-use items, and inputs critical for MSMEs. The upcoming GST 2.0 reforms are being hailed as a major relief for the middle class, with a focus on reducing prices of daily-use items. NDTV Profit breaks down the GST 2.0 reforms, analyzing their impact on markets, businesses.