https://www.taxtmi.com/news?id=54603 The minister announced GST rate reductions and urged industry to commit to passing on the full tax savings to consumers, framing this pass-through as essential to stimulate demand, enlarge scale of operations, and support investment and job creation. He tied lower rates and procedural reforms to improved ease of doing business, highlighted pharma, nutraceuticals, MSMEs and agriculture-linked sectors as key beneficiaries, and called for active promotion of products manufactured in India to convert tax benefits into broader economic and social gains. en-us Thu, 04 Sep 2025 16:31:03 +0530 Thu, 04 Sep 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54603 The minister announced GST rate reductions and urged industry to commit to passing on the full tax savings to consumers, framing this pass-through as essential to stimulate demand, enlarge scale of operations, and support investment and job creation. He tied lower rates and procedural reforms to improved ease of doing business, highlighted pharma, nutraceuticals, MSMEs and agriculture-linked sectors as key beneficiaries, and called for active promotion of products manufactured in India to convert tax benefits into broader economic and social gains. News - Thu, 04 Sep 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=54603