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Next-Gen GST reforms to boost small business: FM

The Statesman Delhi

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September 03, 2025

Even as opposition-ruled states are wary of the impact of the next-generation Goods and Services Tax (GST) reforms on their revenue share, Union Finance Minister Nirmala Sitharaman on Tuesday said the changes would ensure transparency and boost small firms and businesses by reducing compliance burden.

- STATESMAN NEWS SERVICE Chennai, 2 September

"Roll out of the reforms will absolutely set the country on a path towards an open and transparent economy by creating fresh avenues for small businesses," she said addressing the 120th Foundation Day celebrations of the Kumbakonam-headquartered City Union Bank (CUB).

Interestingly, the celebration was titled 'Celebrating Swadeshi Banking' and President Droupadi Murmu was the chief guest.

MÁS HISTORIAS DE The Statesman Delhi

The Statesman Delhi

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The Statesman Delhi

Stokes determined to bounce back from Perth setback

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time to read

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The Statesman Delhi

Russian strikes kill2in Kyiv as peace efforts gainmomentum

Russian drone and missile attacks on the Ukrainian capital, Kyiv, killed at least two people inthe early hours of Saturday, local officials said. The attacks came just before a second round of peace negotiations was set to begin, as arenewed US-led push to end the war gathers steam this week.

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The Statesman Delhi

Our Invisible Self~II

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The Statesman Delhi

'Bereadylikesoldiers,' RajnathSingh tells civil servants at LBSNAA

Defence Minister Rajnath Singh on Friday hailed Operation Sindoor as amodel of seamless civil—military coordination, asserting that the effort showcased how administrative systems and the Armed Forces can work in perfect sync to deliver vital information and instil public confidence.

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1 min

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The Statesman Delhi

After 36 years, Bareilly man convicted of killing brother finally arrested

After evading the law for nearly 36 years, Pradeep Saxena, a resident of Shahi in Bareilly, was finally arrested.

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The Statesman Delhi

BJP is running new campaign called 'one district, one mafia' in UP: Akhilesh Yadav

Samajwadi Party president Akhilesh Yadav has once again leveled serious allegations against the BJP government in Uttar Pradesh and alleged that they are giving patronage to the mafias.

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The Statesman Delhi

Taxing Balance

Rachel Reeves’s latest Budget attempts something British chancellors before her rarely managed with conviction: mixing fiscal restraint with visible social compassion.

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