Audi India has slashed prices by Rs 2.6–7.8 lakh across models, including Q3, Q5, Q7, Q8, A4, and A6, following the GST 2.0 rate cut. The move aims to boost festive season demand by enhancing affordability
The Congress on Thursday termed the GST overhaul “GST 1.5” and said the wait for a “true GST 2.0” continues. Party leaders Kharge, Chidambaram, and Ramesh demanded five more years of compensation for States, simplification of compliance, and relief for MSMEs
The GST Council, led by Finance Minister Nirmala Sitharaman, slashed taxes on daily essentials and packaged foods ahead of the festive season. UHT milk, paneer, parathas, biscuits, chocolates, dry fruits, and dairy products now attract lower or nil GST, boosting consumption outlook
Eight opposition-ruled States support GST rate slab reduction, consumer benefits, and compensation for revenue losses. Congress stresses the council meeting should advance cooperative federalism and fully transfer levies on sin and luxury goods to State
If executed well, GST 2.0 could evolve from a foundational reform into a competitive advantage, supporting India’s journey toward becoming a developed nation by 2047