 "‘Double bonanza’: GST fulfils ‘one nation, one tax’ dream, says PM Modi; 'reforms to boost India’s growth'")
Prime Minister Narendra Modi on Sunday announced that the ‘NextGen GST reforms’, to be implemented from Monday, will mark India’s ‘GST Bachat Utsav’. He said the reforms will help Indians save more and make it easier for them to buy their favourite things.
Addressing the nation, PM Modi said the GST changes will bring happiness to families and boost India’s growth story.
“When India embarked on GST reform in 2017, it marked the beginning of changing its old history and creating a new one. For decades, our country’s people and traders were entangled in a web of various taxes. Octroi, entry tax, sales tax, excise, VAT, service tax—dozens of such taxes existed in our country. To send goods from one city to another, we had to cross countless checkpoints,” he said.
VIDEO | Addressing the nation, PM Modi (@narendramodi) says, "In a way, from tomorrow, the 'GST Bachat Utsav' is going to begin across the country. Through this, your savings will increase, and you will be able to buy more of the things you like. The poor, farmers, women, and… pic.twitter.com/ZVGfJ9wwYg
— Press Trust of India (@PTI_News) September 21, 2025
The new GST framework is set to be implemented on Monday, September 22.
Earlier this month, the GST Council approved reforms that reduced the 12 per cent and 28 per cent tax slabs. Union Finance Minister Nirmala Sitharaman announced the decision on September 3 after chairing the GST Council meeting.
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