Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from today with the Goods and Services Tax (GST) rate cut on about 375 items.
In a bonanza to consumers, the GST Council, comprising Centre and States, has decided to reduce tax rates on goods and services, from September 22 — the first day of the Navaratri.
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Prime Minister Narendra Modi, on Sunday (September 21, 2025), in an address to the nation welcomed the “next generation reforms”, while congratulating the citizens on what he called the “GST Savings Festival”.
Mr. Modi spoke on how the restructured GST rate will make everyday items cheaper, thereby positively affecting the lives of the poor, middle and new middle class. He also re-iterated the need for purchasing goods manufactured in India, saying that “India’s prosperity will gain its strength from Swadeshi mantra.”
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The Congress on Sunday (September 21, 2025) accused PM Modi of taking “sole ownership” of the amendments made to the GST regime and said the current reforms were inadequate, with no resolution to the states’ demand for an extension of compensation for another five years.