<h1>Nationwide tax reforms, GST savings festival and income tax exemption take effect September 22 to simplify taxes and boost MSMEs</h1> A state chief minister announced that nationwide tax reforms take effect on September 22, following the prime minister's national address unveiling a 'GST savings festival' commencing with Navratri and an accompanying income tax exemption. The reforms are described as creating a simpler, fairer, and more transparent taxation regime intended to ease compliance, empower MSMEs, stimulate job creation and consumption, and promote domestic industry. The statement frames the measures as a significant shift in fiscal governance placing citizens at the center and expresses the state's gratitude to the central government for the initiative.