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Tag: gst reform 2025
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GST 2.0 in India: How Tax Rate Reductions Boosted State Revenues and Consumer Spending
The introduction of GST 2.0 in India marked a significant shift in the country’s indirect tax landscape. With reduced GST rates aimed at boosting consumer spending, this policy change has had varying impacts across different states. While the central government experienced some financial loss due to lower tax collections, several states saw a notable increase…
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GST on Petrol, Diesel & Alcohol: Are Fuel and Liquor Getting Cheaper After the New Reform?
India’s tax landscape has undergone one of its most significant shifts with the new Goods and Services Tax (GST) reform that came into effect on 22 September 2025. This restructuring has reduced the GST slabs, cut rates on hundreds of items, and promised to simplify the tax system for both businesses and consumers. But amid…
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Safal Product Price Cuts Post-GST Reform: What Consumers Need to Know
In a significant move aimed at easing the financial burden on consumers, Mother Dairy has announced price reductions across its range of Safal processed food products. This decision comes in the wake of the recent Goods and Services Tax (GST) reforms, which have restructured tax slabs to benefit consumers. Effective from September 22, 2025, consumers…
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Luxury Car Prices Slashed: GST Impact on Mercedes-Benz, BMW, Audi, and Jaguar Land Rover
India’s automotive landscape is undergoing a significant transformation with the introduction of the GST Rationalisation 2.0, effective from September 22, 2025. This reform aims to simplify the tax structure, making luxury cars more accessible to consumers. Let’s delve into how this change impacts brands like Mercedes-Benz, BMW, Audi, and Jaguar Land Rover (JLR). 📊 GST…
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New GST Rates in India 2025 – Full List, Effective Date, and Key Changes
The Goods and Services Tax (GST) Council has approved a major restructuring of GST rates in India, making the system simpler and more consumer-friendly. From 22nd September 2025, the new GST rates will officially come into effect. This is one of the biggest tax reforms since GST was first implemented in 2017. In this article,…