Archive · 7 Sep 2025

Modi's GST Overhaul: A

Modi's GST Overhaul: A

The Prime Minister told the Finance Minister to make the Goods and Services Tax (GST) easier for businesses.

This means simplifying tax rates and rules.

The goal is to reduce how many different rates there are and make it simpler for companies, particularly small and medium-sized ones, to follow the rules.

This overhaul led to lower taxes on many products and easier ways for businesses to pay their taxes.

The new GST structure will be implemented on September 22.

Sources