On Independence Day, Prime Minister Narendra Modi announced an upcoming rationalization of GST rates. Previously set at 5%, 12%, 18%, and 28%, the revised GST structure will now primarily center around 5% and 12%. This change is expected to benefit consumers significantly, especially the middle class, as essential categories like apparel, footwear, electronics, and medicines will become more affordable. Businesses are preparing by updating their billing systems and offering discounts to clear old inventory. For instance, apparel priced up to Rs. 2,500 will now attract only 5% GST. The result: lower prices at checkout and increased accessibility for daily consumer goods.
................................ Advertisement ................................
Bajaj Pulsar NS400Z price slashed to Rs 1.80 lakh after GST benefit, making it India's most affordable 40 hp motorcycle.
The case originated when the CGST Superintendent allegedly demanded Rs 25 lakh to settle an investigation regarding unpaid GST
During the inspection, the Chief Minister reviewed operations at the GST office and interacted with officials and taxpayers.
The launch of the KTM 390 Duke with a 350 cc engine has divided the lineup into two variants, one with an 'R' suffix. Here's what they offer.
Investigations reveal tech-driven extortion across Madhya Pradesh and beyond.
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'Derek O’Brien
Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The CentrePradeep Bhandari
Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
................................ Advertisement ................................

