Ghaziabad, October 25, 2025: Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, inaugurated the newly constructed Central Goods and Services Tax (CGST) Bhawan on Rani Jhansi Marg, Ghaziabad. The modern complex symbolizes India’s vision for efficient, transparent, and citizen-friendly tax administration. Next-Generation Tax Infrastructure The Finance Minister described…
Tag: #GSTReforms
News
GST Boosts Chhattisgarh Growth Across Cement Handloom & Dairy
Chhattisgarh is witnessing a surge in economic growth as recent GST reforms lower rates across key sectors including cement, handlooms, handicrafts, and dairy. These measures are reducing production costs, boosting consumer demand, creating thousands of jobs, and empowering women-led rural enterprises, driving inclusive development across the state. Cement Industry Sees…
News
GST Reforms Boost Jharkhand’s Industry Agriculture & Tourism
Jharkhand, a mineral-rich and industrially vibrant state in eastern India, is poised for a significant economic boost following the recent GST reforms. By reducing tax rates across key sectors such as steel, iron, agriculture, forest products, and tourism, the reforms aim to lower costs, enhance affordability, and stimulate growth in…
News
India Growth to Reach 6.5% in FY26 Amid US Tariff Risks
The World Bank has raised its growth forecast for India in FY 2025–26 to 6.5 percent, citing resilient domestic demand and tax reforms, but warns that a sharp 50 percent tariff imposed by the U.S. on many Indian exports could curb growth to 6.3 percent in FY 2026–27. Stronger performance…
News
GST 2.0: PM Modi Launches Savings Festival with New Reforms
New Delhi, September 21, 2025 — Prime Minister Narendra Modi on Sunday announced the launch of what he called a “GST Savings Festival,” unveiling a sweeping reform of the Goods and Services Tax (GST). The reforms, effective from September 22, 2025, simplify the indirect tax structure into two primary slabs…
News
GST 2.0 to Return ₹2 Lakh Cr to Public: FM
Madurai, Tamil Nadu: Union Finance Minister Nirmala Sitharaman has announced that the upcoming GST 2.0 reforms, set to come into effect from September 22, 2025, will put nearly ₹2 lakh crore directly into the hands of the public, boosting domestic consumption and supporting economic growth. Addressing the 80th anniversary of…
News
India’s Manufacturing Rise: From Reforms to Global Power
India’s manufacturing sector is entering a decisive phase, with fresh data showing strong growth and renewed investor confidence. The Index of Industrial Production (IIP) recorded 3.5% year-on-year growth in July 2025, led by a sharp 5.4% rise in manufacturing output. This momentum is being fuelled by flagship policies such as…
News
India-EU FTA Talks Progress, Goyal Optimistic
New Delhi: India and the European Union are pushing forward with negotiations to finalise a long-awaited Free Trade Agreement (FTA), which Union Minister of Commerce and Industry Piyush Goyal described as fair, balanced, and full of opportunity. Addressing the 65th Annual Session of the Automotive Component Manufacturers Association (ACMA), Goyal…
News
GST on Drones Cut to 5% to Boost India’s Tech Growth
In a major reform under India’s Goods and Services Tax (GST) framework, the government has slashed the GST rate on drones to a uniform 5%. The decision, taken at the 56th GST Council meeting, is expected to give a strong push to the country’s fast-growing drone industry while easing costs…
News
Piyush Goyal Urges Steel Industry to Boost Self-Reliance
Union Minister of Commerce and Industry, Shri Piyush Goyal, has urged India’s steel sector to embrace self-reliance and adopt a Swadeshi ethos during the 6th ISA Steel Conclave. Highlighting the strategic importance of steel as the backbone of India’s growth, he called on the industry to reduce import dependence, strengthen…