Tag: GST 2.0

GST reforms will cause ₹3,700 crore revenue loss to government: SBI report

GST reforms will cause ₹3,700 crore revenue loss to government: SBI report

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At the 56th meeting of GST Council meeting, the current four-tier structure has been replaced with a two-tier one, with a standard rate of 18% and five per cent, and de-merit rate of 40% on selected few goods and services. | Photo Credit: Getty Images The State Bank of India (SBI) in its latest research […]

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GST reforms will benefit poor, middle class, entrepreneurs, traders & business men: PM Modi

GST reforms will benefit poor, middle class, entrepreneurs, traders & business men: PM Modi

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The proposed changes to the Goods and Services Tax regime would benefit the poor, middle class, traders and entrepreneurs, Prime Minister Narendra Modi said on Sunday (August 17, 2025). “For us, reform signifies the advancement of good governance, which is why we place strong emphasis on continuous improvement,” Mr. Modi said, while inaugurating two key […]

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