New Delhi, Sept. 21 -- Prime Minister Narendra Modi today announced the rollout of the Next Generation Goods and Services Tax (GST) reforms, describing it as a transformational step towards a simplified, citizen-centric tax regime.
Speaking on the eve of Navratri, the Prime Minister said the new system - to take effect from September 22 - aims to streamline compliance, reduce consumer costs, and boost economic growth across sectors.
Describing GST 2.0 as a "celebration of savings" and a significant leap in India's reform trajectory, the Prime Minister noted that the revised structure aligns with the government's vision of Aatmanirbhar Bharat (self-reliant India), and addresses long-standing concerns regarding the complexity of India's ind...