ET Graphics | G 2.0: A reform story

The Goods and Services Tax Council is set to commence a two-day meeting on Wednesday to discuss significant reforms to the GST structure, which was implemented eight years ago. Prime Minister Narendra Modi has called the proposed changes a 'Diwali...

TIMESOFINDIA.COM
The Goods and Services Tax Council will begin its two-day meeting on Wednesday to take up sweeping reforms of the indirect tax structure, launched eight years ago.

Termed a ‘Diwali gift’ by Prime Minister Narendra Modi in his Independence Day address, the Centre’s proposal to reform GST is aimed at reducing the tax burden on the common man and easing compliance for businesses.

A look at the proposed changes:


SHIFT TO TWO SLABS

Screenshot 2025-09-03 at 1.47.24 AM

STRUCTURAL SIMPLIFICATION

Screenshot 2025-09-03 at 1.47.41 AM

KEY GAINERS

Screenshot 2025-09-03 at 1.47.49 AM

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