Bharat Express DD Free Dish

Business

The GST Council has simplified India’s tax structure by retaining only 5% and 18% slabs from 22 September 2025.

As India deepens its digital banking and financial inclusion journey, the India Post Payments Bank (IPPB) has emerged as one of the largest financial inclusion.

GST cuts on farm machinery, fertilisers, and seafood reduce cultivation costs and boost farmers’ incomes, easing financial pressure on rural India.

India rolls out GST 2.0 with new slabs and sin tax to aid middle class, farmers, and local businesses ahead of Bihar polls.

India’s GST overhaul cuts rates on essentials and housing, promising 5–8% savings for middle-class families, GST 2.0, Modi government, consumption boost.

The Unique Identification Authority of India (UIDAI) announced on Thursday that Aadhaar authentication transactions rose sharply to 221 crore in August 2025.

The 56th GST Council reduced the slabs from four to two: 5% for essentials and 18% for non-essentials, while imposing a 40% rate on sin and luxury goods.

The government cuts GST on cement from 28% to 18%, potentially reducing construction and housing costs, and boosting affordable housing demand.

Reliance Industries Ltd’s retail arm announced on Thursday that it would pass on the benefits of reduced GST rates directly to consumers.

India Inc welcomes the GST Council’s sweeping tax cuts, calling them a game-changer for domestic consumption and industrial growth.