Says “GST 2.0 Reforms to Boost Savings, Benefit All”

New Delhi: Prime Minister Narendra Modi on Monday said that implementation of GST 2.0 marks a significant reform in India’s indirect tax system, as highlighted by Prime Minister Narendra Modi in a letter to citizens. He emphasized that the ‘GST Bachat Utsav’ will enhance savings and provide direct benefits across all societal segments, including farmers, women, youth, and the middle class. The Prime Minister extended festive wishes for Navratri, linking the celebration to the positive impact of the new GST reforms. Key features of the Next Generation GST reforms include a simplified tax structure with two main slabs of 5% and 18%, significantly reducing taxes on daily essentials. Many items previously taxed at 12% have shifted to the lo

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