New GST Rate Change: India's GST system underwent a significant reform in September 2025 with the rollout of GST 2.0. The GST Council approved a simplified two-rate structure—5% and 18%—replacing the ...

Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...

MoS MSMEs Bhanu Pratap Singh Verma said “numerous measures in respect of GST” were taken by the government to encourage MSMEs. Ease of doing business for MSMEs: Even as MSMEs have been critical of the ...

New Delhi: Consumer behaviour this season reflects a bullish sentiment, fuelled by GST-enabled price reductions that have lowered costs in high-ticket categories such as electronics and pushed festive ...