India’s GST Reforms Focus on Rates and Simplicity: PM
  • 16 Aug 2025 05:37 PM
  • New

India’s GST Reforms Focus on Rates and Simplicity: PM

Source: https://taxguru.in/goods-and-service-tax/indias-gst-reforms-focus-rates-simplicity-pm.html

In a speech for India’s 79th Independence Day, Prime Minister Narendra Modi announced upcoming reforms to the Goods and Services Tax (GST) system. The proposed changes, aimed at building an “Atmanirbhar Bharat,” are structured around three core pillars: structural reforms, rate rationalization, and ease of living.

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What is Sudarshan Chakra? PM Modi announces India’s next-gen multi-layered shield against missile threats
  • 16 Aug 2025 05:12 PM
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Centre proposes new GST rates of 5%, 18%; cigarettes to attract 40% tax under revamped regime — Check details here
  • 16 Aug 2025 05:07 PM

Centre proposes new GST rates of 5%, 18%; cigarettes to attract 40% tax under revamped regime — Check details here

Source: https://www.livemint.com/economy/centre-proposes-new-gst-rates-of-5-18-cigarettes-to-attract-40-tax-under-revamped-regime-check-details-here-11755260285293.html

The Indian government proposed that the new GST rates should be at 5% and 18%. The centre has outlined tax rates for cigarettes, sin goods, luxury goods, and daily use items, among others, to be considered and approved by the GST Council in its upcoming meeting.

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GST reforms, Putin-Trump meeting to US Fed rate cut: Top five factors that may dictate Indian stock market next week
  • 16 Aug 2025 05:33 PM

GST reforms, Putin-Trump meeting to US Fed rate cut: Top five factors that may dictate Indian stock market next week

Source: https://www.livemint.com/market/stock-market-news/gst-reforms-putin-trump-meeting-to-us-fed-rate-cut-top-five-factors-that-may-dictate-indian-stock-market-next-week-11755336112058.html

The Indian stock market showed recovery after six weeks, led by pharma and auto stocks. Key drivers include PM Modi's GST reforms, US Fed minutes, and macroeconomic conditions like low inflation and favourable monsoon, despite FIIs' selling

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Did Swiggy increase their platform fee from ₹12 to ₹14? Report reveals...
  • 16 Aug 2025 05:30 PM

Did Swiggy increase their platform fee from ₹12 to ₹14? Report reveals...

Source: https://www.livemint.com/news/did-swiggy-increase-their-platform-fee-from-rs-12-to-rs-14-delhi-mumbai-zomato-swiggy-instamart-blinkit-report-reveals-11755329306953.html

The platform fee of Rs14 per food delivery order is reportedly inclusive of GST. In comparison, Zomato applies a platform fee of ₹10, excluding GST. Swiggy was the first to introduce this fee in April 2023, starting at ₹2, and has gradually increased it to ₹12 (pre-GST).

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Modi’s clarion call for swadeshi, GST relief, and stronger security shield in longest I-Day speech
  • 16 Aug 2025 05:17 PM

Modi’s clarion call for swadeshi, GST relief, and stronger security shield in longest I-Day speech

Source: https://www.livemint.com/news/india/modis-clarion-call-for-swadeshi-gst-relief-and-stronger-security-shield-in-longest-i-day-speech-11755252714027.html

PM Modi's Independence Day speech focused on promoting swadeshi products, enhancing domestic manufacturing, and reforming GST to stimulate the economy. He outlined a new national security strategy and expressed concerns over illegal immigration impacting India's demographics and security.

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India eyes two GST slabs with special rates for a ‘few’ items | Finance Ministry's ‘move towards simple tax’ explained
  • 15 Aug 2025 05:52 PM

India eyes two GST slabs with special rates for a ‘few’ items | Finance Ministry's ‘move towards simple tax’ explained

Source: https://www.livemint.com/economy/india-eyes-two-gst-slabs-with-special-rates-for-few-items-explained-finance-ministrys-move-towards-simple-tax-11755247416003.html

The central government is preparing to move towards a simplified tax regime. The Ministry of Finance has said the aim is to have two GST slabs with special rates for a few items. Here are the details.

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PM’s speech: Clarity counts as the stakes rise for India
  • 15 Aug 2025 05:54 PM

PM’s speech: Clarity counts as the stakes rise for India

Source: https://www.livemint.com/opinion/online-views/narendra-modi-independence-day-address-self-reliance-operation-sindoor-gst-reform-semiconductor-chips-clean-power-target-11755250004234.html

In the course of his longest Independence Day address yet, lasting 103 minutes, India’s Prime Minister Narendra Modi announced new programmes, reiterated the country’s commitment to self-reliance and advances aimed at making India a developed economy by 2047, felicitated the Rashtriya Swayamsevak Sangh (RSS) on its centenary, and celebrated Operation Sindoor—not only by referring to the punishment inflicted on Pakistan in retaliation to terrorist atrocities by its non-state actors on Indian soil, but also by choosing to dress himself in different shades of saffron.

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79th Independence Day: GST reforms to Sudarshan Chakra Mission– 5 top announcements by PM Narendra Modi
  • 15 Aug 2025 05:50 PM

79th Independence Day: GST reforms to Sudarshan Chakra Mission– 5 top announcements by PM Narendra Modi

Source: https://www.livemint.com/news/india/79th-independence-day-gst-reforms-to-sudarshan-chakra-mission-5-top-announcements-by-pm-narendra-modi-11755229738999.html

On India's 79th Independence Day, Prime Minister Narendra Modi unveiled five transformative initiatives, including GST reforms, a made-in-India semiconductor chip, and a major employment scheme for youth.

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