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The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods

Chief Minister A Revanth Reddy has urged the union government to compensate Telangana for Rs 7000 crore revenue loss following GST rate rationalisation. He warned that the changes would adversely affect State revenues and asked the Centre to support States

India’s next-generation GST, “GST Bachat Utsav,” was implemented, cutting taxes on over 370 items, including essentials, medicines, appliances, and toiletries. Luxury and sin goods face higher levies. The reform aims to boost consumer disposable income and inject Rs 2 lakh crore into the economy.

The BJP launched a nationwide ‘GST Savings Festival’ as GST 2.0 takes effect, with MPs visiting markets through padyatras to promote lower tax rates, Swadeshi products, and household savings benefits.

GST 2.0 takes effect today with a simplified two-slab system, revised rates for 375 items, and price cuts on essentials. PM Modi called it a nationwide “festival of savings” for citizens.

Amul announces a price reduction on over 700 products, including milk, butter, ghee, and cheese, starting September 22, in line with GST rate rationalisation to pass on benefits to consumers

The GST 2.0 rationalisation has reduced rates across textiles and logistics, easing structural anomalies, cutting costs, and boosting demand. The reforms will make garments more affordable, lower freight costs, strengthen SMEs, and enhance India’s export competitiveness, particularly in textile

Nissan Motor India has slashed prices of its New Magnite range by up to ₹1 lakh, passing on GST cuts to customers. With entry models now under ₹6 lakh, the move aims to boost festive season sales starting September 22.

Bernstein predicts India’s consumption will get a boost from the government’s GST rate cuts. Personal care, home care, FMCG, grocery retail, footwear, apparel, and quick-service restaurants are expected to gain from the revised tax structure, which lowers GST on key items.

Small car prices are set to drop by up to Rs 1 lakh following the GST rate cut, offering relief to middle-class buyers and reviving demand in smaller cities. The move, welcomed by automakers, is expected to boost festive season sales

Kerala Finance Minister K N Balagopal warned that the state could lose Rs 8,000–10,000 crore annually due to GST rate rationalisation. He urged the Centre to ensure benefits reach consumers and pressed for compensation to states facing major revenue losses

The GST Council will review proposals to cut rates on over 150 products, including food, snacks, vehicles, and education supplies. The move aims to ease household spending, expand the zero-GST list, and simplify the current four-rate structure

Prime Minister Narendra Modi, in his 12th Independence Day address, urged self-reliance across sectors, announced GST rate cuts by Diwali, unveiled a “Sudarshan Chakra” defence shield, warned against infiltration, and called for a united push towards a prosperous ‘Samriddh Bharat’ by 2047

Telangana has recorded a fiscal deficit of Rs 9,389 crore and revenue deficit of Rs 5,037 crore in just two months of FY 2025–26. Rising subsidies and low capital spending are intensifying pressure on the State’s finances

Chief Minister Chandrababu Naidu urged the Centre to support Andhra farmers by funding tobacco procurement, revising palm oil import duties, addressing US tariffs on aqua exports, and reducing GST on mango pulp to benefit local industries

Six-time Grand Slam winner Sania Mirza is among the many celebrities who have endorsed 'Sundays On Cycle', on May 18, commemorating eight years of GST and promoting a healthier, fitter India

The winning bidders will need to remove the scrap from the jail within two days after paying the full bid amount, along with an additional 18 percent GST.

The Directorate General of Goods and Services Tax Intelligence (DGGI) has stepped up its enforcement efforts targeting offshore online gaming companies. The online money gaming sector includes both domestic and international operators.

FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, has now come down to 11.4 per cent in 2023 and will decrease further

Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth