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The story so far: On September 3, the GST Council authorised a new paradigm in the indirect tax regime. There will be fewer rates, and the Goods and Services Tax (GST) on most items have been reduced. While this has been welcomed by most sectors, there are some which are somewhat disgruntled. There are also…
Read More “Will the GST rate cuts boost the economy? | Explained” »
India’s economic journey has always been shaped by bold reforms, and the latest set of Goods and Services Tax (GST) measures announced at the 56th GST Council meeting on September 3, 2025, may well prove to be one of the most consequential yet. For years, businesses and policymakers alike have called for simplification, predictability, and…
Read More “Fixing problems, unlocking India’s growth potential” »
Union Finance Minister Nirmala Sitharaman will chair the 56th GST Council meeting on September 3. File. | Photo Credit: PTI The GST Council is the governing body for Goods and Services Tax implementation in India, comprising representatives from both the central and state governments. The GST Council consists of 33 members from the Central Government…
