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Tag: gst rate cut 2025
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GST 2.0 India: ITC, Inverted Duty, and Why Insurance & IPL Teams Are Protesting
The Indian government’s GST 2.0 reforms, effective from 22 September 2025, have restructured the Goods and Services Tax framework to simplify compliance and reduce tax burdens on common households. Essentials like milk, ghee, paneer, and bread are now cheaper, while industries such as insurance, food delivery, and sports franchises (IPL teams) are voicing strong concerns.…
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GST 2.0: Big Relief for Households as Milk, Ghee, and Kitchen Essentials Become Cheaper from September 22
The Government of India has announced a major reform under GST 2.0, effective from 22nd September 2025, bringing relief to millions of households across the country. The new tax structure has not only simplified the GST system but also reduced the rates on several kitchen essentials like milk, ghee, paneer, butter, and bread. This move…
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TVS Motor Company Slashes Two-Wheeler Prices After GST Rate Cut: Full Benefit Passed to Buyers
India’s two-wheeler market is buzzing with excitement as TVS Motor Company announces a significant price reduction across multiple models. This comes in the wake of recent GST rate cuts on two-wheelers, a move by the government aimed at reducing the financial burden on buyers and boosting vehicle sales. With TVS passing the entire benefit directly…
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GST Rate Cut 2025: Full List of Essentials Getting Cheaper from September 22
The central government, led by Prime Minister Narendra Modi, has given citizens a major Diwali gift through a sweeping GST 2.0 reform. In the latest GST Council Meeting, Finance Minister Nirmala Sitharaman announced that the four old GST slabs will now be reduced to just two major slabs — 5% and 18%, while luxury and…