Brief by Shorts91 Newsdesk / 01:36pm on 21 Sep 2025,Sunday India
Prime Minister Narendra Modi announced the launch of GST Bachat Utsav starting day one of Navratri, coinciding with the rollout of GST 2.0 reforms. He stated that the reforms will benefit a broad cross-section including the poor, middle class, women, youth, and traders by increasing savings and simplifying access to goods. GST 2.0 reduces tax slabs from multiple rates to just 5% and 18% for most items—except luxury and sin goods. Daily essentials, new cars, and medical insurance premiums are expected to become cheaper. Combined with prior income tax exemptions, these reforms are projected to save Indians around ₹2.5 lakh crore collectively. (PC: NDTV)
