India’s goods and services tax (GST) structure has undergone its most significant reform since its launch, with sweeping rate cuts across agriculture, autos, appliances, textiles, and everyday essentials. According to the Finance Ministry’s Monthly Economic Review (August 2025), the changes are expected to stimulate consumption, ease inflationary pressures, and provide a timely boost to overall economic activity. Advertisement

The GST reforms that came into effect on Monday (September 22, 2025) are expected to reduce household expenses on groceries and daily essentials by 13%, while buyers of small cars could save nearly Rs 70,000. Government estimates suggest that purchases of stationery, clothing, footwear, and medicines will bring savings in the range of 7–12%. In addition, savings co

See Full Page