India’s festive season is coinciding with the rollout of GST 2.0, unleashing a wave of credit offers from banks and NBFCs. With essentials cheaper and consumer sentiment high, lenders are aggressively marketing loans,...
The rollout of GST 2.0 has been hailed as a people-centric reform, easing consumer budgets, reducing compliance for MSMEs, and lowering industry costs. Prime Minister Narendra Modi described it as a “GST Bachat...
The rollout of GST 2.0 is cutting prices across the consumer spectrum—from packaged snacks to big-ticket electronics like air conditioners and TVs. FMCG firms such as Haldiram’s and Ajit Bakery are passing on...
India’s new GST 2.0 reform, effective September 22, has slashed tax rates across essentials, medicines, appliances, and automobiles—leaving an estimated ₹2 lakh crore extra in consumer pockets. Finance Minister Nirmala Sitharaman called it...
India’s long-debated GST reforms have taken a major step forward with the Group of Ministers (GoM) approving a simplified two-slab structure. The move is expected to ease compliance for businesses, reduce classification disputes,...
India remains confident it will meet its fiscal deficit target of 4.4% of GDP for FY26 despite introducing major consumption tax cuts. The GST overhaul announced by Prime Minister Modi—including slashed rates on...
The latest ET Editorial — “GST 2.0: Great Sense (of) Timing” by MS Mani — applauds the government’s decision to launch comprehensive GST reforms right against the backdrop of tariff pressures and faltering...
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