Archive · 5 Sep 2025
India's GST Changes, Rankings, and Manipur Issues
Today's news covers changes to India's Goods and Services Tax (GST), with new tax rates on different goods and services.
The government aims to boost the economy and encourage people to buy better products.
There are also updates on Manipur, where groups have agreed to allow free movement, and the impact of US tariffs.
Indian education rankings have been released, with IIT Madras and IISc Bengaluru leading.
There are also other policy changes related to defense.
The Indian government implemented GST reforms with new tax slabs.
Hotel accommodation in the mid-segments is now cheaper.
Term and health insurance premiums for individuals are no longer taxed.
US tariffs on Indian exports could harm economic growth.
Kuki groups agreed to free movement in Manipur.
- Who
- Indian Government, Economists, Kuki Groups, UNC, US
- What
- GST Reforms, US Tariffs, Manipur Free Movement, Education Rankings
- When
- Announcements in September
- Where
- India, US, Manipur
- Why
- Economic reform, Policy changes, Dispute Resolution
Sumit Ganguly's Perspective
Michael Kugelman's Perspective
India-US Relations
Sumit Ganguly's Perspective
India should not abandon the partnership, maintaining a trade relationship and avoiding reliance on China and Russia.
Michael Kugelman's Perspective
India has the luxury of waiting out the crisis and recalibrating ties with China and Russia.
- GST Impact
- New tax structure with 5% and 18% slabs, 40% demerit tax on luxury goods.
- Hotel Industry
- Upper-mid segment accommodation cheaper, Input Tax Credits scrapped.
- Insurance
- Tax scrapped for premiums on term and health insurance; group plans still taxed.
- Economic Impact
- GST reforms could boost GDP growth by 60 bps over 12 months.
- US Tariffs
- US 50% tariff on Indian exports expected to harm economic growth.
- Manipur
- Kuki groups agree to free movement, but UNC's embargo poses a threat.
- Education Rankings
- IIT Madras tops NIRF rankings; IISc Bengaluru leads universities.
Sources
Daily Briefing: What does GST 2.0’s two-slab structure mean to you?
News Today Live Updates, 4 September | ED summons cricketer Shikhar Dhawan in illegal betting app case
Shashi Tharoor on India-US ties, tariffs: ‘Grave already been dug’ but ‘it’s not too late' – what Congress MP suggested
GST reforms will bring transparency to India’s tax system, correct inverted duty structure: FICCI
Modi govt makes automobiles cheaper, including luxury vehicles, through GST reforms
GST Reform: Inside Story of How Opposition-Ruled States Were Convinced
Piyush Goyal Interview Live: Commerce Minister Speaks To News18 On GST Reforms, US Tariffs
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
Is Rahul Gandhi Jealous of PM Modi? Piyush Goyal Responds | Exclusive
GST 2.0, Giorgio Armani’s passing, IndusInd Bank row & more - CNBC TV18
India-US ties intact, GST reform to fuel demand and growth: Piyush Goyal
‘Landmark reforms, will boost ease of living’: Gujarat CM, industry leaders hail new GST slabs
Welcome GST 2.0
GST 2.0 is a timely reform
MLA Palla hails GST rate cuts
School Assembly News Headlines (Sept 05): Top National, World, Sports Updates
