Raman Suri
In a landmark move that underscores the visionary leadership of Prime Minister Narendra Modi, the GST Council has rolled out sweeping reforms under what is being hailed as GST 2.0. These changes, effective from September 22, 2025, simplify the tax structure to just two primary slabs – 5% and 18% while introducing zero percent tax on essential items and a 40% rate on select luxury goods. This overhaul is not merely a fiscal adjustment; it is a strategic masterstroke designed to boost domestic consumption, invigorate economic growth, and provide much-needed relief to the common Indian citizen amid global uncertainties.
Under Prime Minister Modi’s stewardship, the BJP commands a strong position in Parliament to drive these transformative policies. With 240 seats in the Lok Sabha