GST 2.0 Reform Announced by PM Modi: What It Means for India’s Economy, Consumers & Businesses
Prime Minister Narendra Modi has officially announced the rollout of GST 2.0, a simplified two-slab tax structure aimed at reducing the cost of living, empowering MSMEs, and accelerating India’s economic growth. Effective from September 22, 2025, this reform is expected to benefit families across India—from Hyderabad to Surat, from Kochi to Lucknow—by lowering taxes on 375 essential goods and services. This article breaks down the impact of GST 2.0 on consumers, businesses, and India’s long-term growth strategy.
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