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Govt vows to guard consumer gains of GST rate reduction

Mint Mumbai

|

September 06, 2025

As a rejigged indirect tax regime prepares to roll in on 22 September, the Centre is taking steps to ensure the benefits of a radical tax reduction exercise actually benefit the consumer.

- Dhirendra Kumar

Govt vows to guard consumer gains of GST rate reduction

On Wednesday, goods and services tax (GST) rates were brought under two slabs—5% and 18%—from four earlier. Several goods were moved from the earlier 12% and 28% slabs to lower slabs, some were even moved down from 18% to 5%, and a host of essential items were exempted from GST altogether.

To ensure these changes are effected by companies selling these goods and services, the Union consumer affairs ministry will scan complaints on social media, review representations made by consumer groups, and closely monitor complaints received in the national consumer helpline—the government's central grievance redressal system—according to two people aware of the matter who spoke on the condition of anonymity.

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Why we fell out of love with the dupatta

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The healing power of writing retreats

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‘Economy resilient despite US tariffs, fiscal tightening’

India’s economy remains resilient despite fiscal consolidation, slowing credit growth, and US trade frictions, said Neelkanth Mishra, chief economist at Axis Bank and a member of Prime Minister's Economic Advisory Council.

time to read

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SandLogic eyes $40 mn at $200 mn valuation

Semiconductor producer SandLogic is in early talks to raise $30-40 million in Series A money at a valuation of $200 million, two people in the know said.

time to read

1 min

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Tata, Eka, Volvo selected for e-bus sops, 15 others miss out

Requirement to source at least 50% of parts locally likely the main hindrance, experts say

time to read

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How one woman transformed cancer treatment in India

Alka Dwivedi's stellar research in immunology helped launch affordable gene therapy for patients in India

time to read

5 mins

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