‘Sabka Muh Meetha Hoga': PM Modi Hails GST Reforms, Says 'One Nation One Tax Dream Has Come True’
GST 2.0 reforms introduce a simplified tax structure with two slabs, aiming to boost economic growth, ease business operations, and save Indian citizens Rs 2.5 lakh crore, officials said.
- Prime Minister Narendra Modi announced that from Monday, September 22, 2025, India will implement NextGen GST reforms alongside launching a 'GST Bachat Utsav' nationwide.
- These reforms follow India's initial GST reform in 2017 and address the previous complex web of taxes and tolls that hindered business and consumer ease.
- The new GST structure will simplify tax slabs to only 5% and 18%, with 99% of items previously taxed at 12% now under 5%, making everyday goods cheaper and boosting savings.
- Modi highlighted that the new reforms will boost India’s economic progress, simplify business processes, and draw greater investment, while also underscoring the vital contribution of MSMEs to self-reliance by enabling them to achieve higher sales with reduced tax burdens.
- The implementation represents a major advancement toward achieving a self-sufficient India, offering wide-ranging advantages to society, particularly by providing substantial financial relief and enhanced purchasing power to the poor, middle, and emerging middle classes as savings increase.
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Reiterating his mantra, "Nagrik Devo Bhava," the Prime Minister said that in the last 11 years, 250 million people have been lifted out of poverty and a new middle class has emerged. He pointed out that there is no tax on income up to ₹12 lakh, and that combined with the new GST reforms, citizens will save approximately ₹2.5 lakh crore annually.
Kartik Aaryan gives glimpse into his ‘GST 2.0 ka celebration’
Mumbai: Bollywood actor Kartik Aaryan is celebrating the implementation of next-generation Goods and Services Tax (GST) announced by Prime Minister Narendra Modi. Kartik took to Instagram, where he shared a picture with his sister Kritika Tiwari celebrating the moment with some gelatos. In the image, the actor and his sister are seen flashing a big toothy smile holding cones with gelatos in it. “Gst 2.0 ka celebration toh banta hai Mitro,” Karti…
‘Sabka Muh Meetha Hoga’: PM Narendra Modi Calls for ‘GST Bachat Utsav’ As New GST Rates Kick in Tomorrow, Says ‘Savings Will Increase, Daily Items Will Be Cheaper’ | 📰 LatestLY
Prime Minister Narendra Modi addressed the nation on Sunday, September 21, unveiling what he described as the dawn of a new economic chapter with the rollout of GST 2.0. Calling it the start of a "Bachat Utsav", a festival of savings, the Prime Minister said the reforms aim to ease financial pressure on households while boosting India’s appeal as a global investment hub. 📰 ‘Sabka Muh Meetha Hoga’: PM Narendra Modi Calls for ‘GST Bachat Utsav’ A…
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