After India cuts goods and services tax (GST) rates, the finance minister, Nirmala Sitharaman, said her focus now shifts to making sure businesses pass on the benefits to consumers. To boost consumer demand, the Indian government lowered tax rates on a variety of regular items. In interviews with media houses, Sitharaman said the government had consulted with all relevant parties to guarantee that the GST rate cut Benefits reach consumers.

How will India ensure GST cut benefits pass on to consumers?

Manufacturers and dealers are legally required to pass on gst rate reductions to consumers. However, history and market dynamics suggest that this doesn't always happen automatically. As a consumer, you need to be aware of how companies can absorb these benefits instead of passing them on, and what you can do to ensure you get the savings you're entitled to.

GST 2025: Take full benefit of the GST rate cuts by doing your research

the Indian government has brought more cheer to festive purchases this year, but are you still confused about whether you should order items in your cart or whether you should wait till 22 September? Don't worry here's your cheat sheet...

A consumer's guide to new GST rate slabs

Union Finance Minister Nirmala Sitharaman on Wednesday (Sep 3) addressed the media and announced that the GST Council, in its meeting, approved a two-tier structure of 5 per cent and 18 per cent, and a special tax of 40 per cent for luxury and sin goods. Sitharaman said the decision was taken unanimously and will come into effect from September 22, 2025, with the exception of tobacco products, based on certain conditions. The Council will also meet on Thursday (Sep 4). Calling it a ‘historic Diwali gift for the nation’, Sitharaman said that these next-generation GST reforms are for ease of living and to build an Aatmanirbhar Bharat.

New GST reform: What gets cheaper and what becomes costlier under new slabs? 

India’s finance minister Nirmala Sitharaman has unveiled sweeping tax cuts under the goods and services tax to boost consumption in the face of 
U.S. Tariffs. The GST council has slashed rates on more than a hundred consumer items, ranging from soaps and shampoos to small cars, air conditioners, and televisions. The rate cuts will be implemented from September 22.

India’s GST council cuts taxes on 100+ consumer items 

tax-structure

Tax Structure, News on Tax Structure, stories on Tax Structure, articles on Tax Structure, Tax Structure stories at Wion, Tax Structure news, Tax Structure latest news

tax structure

How will India ensure GST cut benefits pass on to consumers?

GST 2025: Take full benefit of the GST rate cuts by doing your research

A consumer's guide to new GST rate slabs

New GST reform: What gets cheaper and what becomes costlier under new slabs?

India’s GST council cuts taxes on 100+ consumer items