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Introduction: Why GST Reforms India Matters Right Now India’s Goods and Services Tax (GST) has entered an exciting new chapter in 2025 with the government’s launch of GST 2.0—a sweeping reform aimed at boosting ease of business, lowering the tax burden on daily essentials, and giving a much-needed push to consumption-led growth. As the revised…
Understanding the New GST Rates (Sept 2025): What’s Cheaper, What’s Dearer? In a significant overhaul of the nation’s indirect tax system, the much-anticipated “GST 2.0” reforms have come into effect starting September 22, 2025. This new chapter in India’s Goods and Services Tax (GST) journey aims to simplify the tax structure, reduce the burden on…
India’s Banks Face Cash Crunch: Is Your Money Safe as RBI Steps In? In a significant development for India’s financial sector, the banking system’s liquidity has tipped into a deficit for the first time in the current fiscal year. On September 22, 2025, data from the Reserve Bank of India (RBI) revealed a deficit of…
GST on Insurance slashed to 0% on Life and Health Insurance—A Game-Changer for Indian Families in 2025 2025 has been a year of financial transformation for India’s booming insurance sector. The latest reforms rolled out by the GST Council have eliminated GST on all retail life and health insurance policies effective September 22, 2025. For…
Game-Changer for Taxpayers: South Indian Bank Launches UPI GST Payment Facility! In a landmark move towards frictionless digital governance, South Indian Bank (SIB) has pioneered a facility that empowers Indian taxpayers to pay Goods and Services Tax (GST) using the Unified Payments Interface (UPI). Announced in mid-September 2025, this new approach allows millions of businesses…
GST 2.0 is Here: How the New GST Rates 2025 of 5%, 18%, and 40% Tax Slabs Will Affect Your Wallet from Sept 22 In one of the most significant overhauls to India’s tax system since its initial rollout, the 56th GST Council meeting in September 2025 ushered in what is being hailed as “GST…
GST 2025 reform overhaul: India’s Big Tax Reform Brings Festive Cheer and Simpler Compliance As India gears up for the festive season, small businesses, manufacturers, and online shoppers are buzzing about the major Goods and Services Tax (GST) reforms rolling out on September 22, 2025. The GST Council’s headline announcement from its 56th meeting promises…
GST on UPI Transactions : The Rumor That Won’t Die In the age of digital India, the Unified Payments Interface (UPI) has become as essential as cash once was. From paying for our morning tea to settling large business invoices, its convenience is undeniable. However, with its rising popularity, a persistent rumor has been making…
GST rate revision India 2025 India’s Goods and Services Tax (GST) is set for one of its most sweeping reforms, coming into effect on September 22, 2025, just as the festive shopping season kicks off with Navratri. The GST Council’s recent announcement introduces a new rate structure targeting essential goods, daily-use products, lifestyle items, healthcare,…
GST-led Consumption Boost As the Indian stock market continues its upward trajectory, with the Nifty crossing the 25,000 mark intraday and the Sensex showing robust gains, analysts are pointing to a confluence of positive factors. Alongside strong domestic macros and favorable global cues, one phrase is increasingly being cited as a key driver of this…