US Edition
GST Reform: Nirmala Sitharaman announces reduced GST rates for THESE items - Check full list here
The GST overhaul introduces a simplified two-tier system with 5% and 18% rates, aiming to reduce tax compliance burdens and correct anomalies while impacting key consumer goods and sectors.
- Finance Minister Nirmala Sitharaman announced a new GST structure with two rates of 5% and 18%, effective September 4, 2025, to simplify tax for essential items.
- GST rates for many essential items, such as hair oil and food products, have been reduced significantly, benefiting the common man.
- The reforms aim to simplify tax rates by moving to two slabs and addressing issues in the GST system.
- Prime Minister Narendra Modi indicated that these reforms would support farmers, local vendors, and consumers through reduced taxes on daily essentials.
15 Articles
15 Articles
Editorial Aaj Samaaj | Rakesh Singh | A big change is coming in India's economy. In September 2025, the Narendra Modi government has announced a big cut in GST i.e. Goods and Services Tax. This decision is a kind of gift for the common man before Diwali, but there is a big motive behind it. To deal with the heavy tariff imposed by US President Donald Trump. Donald Trump has imposed tariffs of up to 50 percent on India, which can cause great dama…
GST Impact Flat Prices: Will flats become cheaper due to reduction in GST? Know how much benefit home buyers will get
GST Cut Make Flats Cheaper: The government has recently made a big cut in GST, due to which buying a house is now going to be cheaper and easier. Especially the tax on construction materials like cement, tiles, bricks, and stone has been reduced. Earlier these things were under the purview of 12% or 28% GST, now the tax on them has been reduced to 5% and 18%. This means that the cost of building a house will be reduced and the home buyers will d…
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
