India will witness a restructuring of its Goods and Services Tax (GST) system from today, which government officials have described as the launch of "GST 2.0." The overhaul, coinciding with the first day of Navaratri, will benefit nearly every household, business, and service sector in the country.
The GST Council, composed of the Centre and state governments, has agreed to rationalise the tax structure by reducing rates on hundreds of essential and mass-consumption items. For consumers, the immediate effect will be visible on supermarket shelves, in pharmacies, at automobile dealerships, and across sectors such as healthcare, insurance, and education.
Finance Minister Nirmala Sitharaman has said that this restructuring will add around Rs 2 lakh crore to the economy.
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Restaurants cannot charge more than the printed MRP for packaged items such as bottled water, irrespective of service, surroundings or dining experience.
The Centre has told the Delhi High Court that matters relating to the rate, classification, and reduction of Goods and Services Tax (GST) on air purifiers fall exclusively within the domain of the GST Council.
The recovery in auto component is expected to be driven by improved vehicle sales after the GST cut, which has eased cost pressures and supported consumer demand.
A Congress leader and transport company executive has been arrested in connection with a GST evasion case involving more than Rs 28 crore, officials from the Directorate General of GST Intelligence (DGGI) said.
Audi India closed 2025 with 4,510 sales, driven by festive demand, SUV growth, preowned business momentum, and steady traction across flagship and popular models.
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