Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Next-Generation GST reforms cut tax rates from Sept 22, 2025; government touts MSME relief while opposition criticizes.</h1> The GST Council, comprising central and state governments, implemented Next-Generation GST reforms reducing tax rates on goods and services effective September 22, 2025; the state chief minister and ruling party officials promoted the changes as reducing compliance burdens, supporting MSMEs, and boosting consumption of domestically made goods to strengthen the economy, while the opposition party and its spokesperson criticized the move as tardy and argued that prior policies damaged businesses and employment. The dispute reflects political contention over economic impact and the reforms' intended benefits for Aatmanirbhar Bharat and Make in India objectives.