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GST Reset Explained
BW Businessworld
|September 20, 2025
Niranjan Hiranandani on how the GST rationalisation is a structural reset for India
The recent GST rationalisation marks a watershed moment for India's economy and consumers alike. By shifting to a simplified two-slab structure and reducing GST on essential construction materials such as cement and steel from 28 per cent to 18 per cent, the reform goes beyond tax efficiency. It reinforces investor confidence, signals policy clarity, and underscores the government's commitment to sustaining economic momentum. For real estate and infrastructure, the implications are transformative: input costs are set to decline, project viability will improve, and delivery cycles will accelerate.
On being a structural reset
Dit verhaal komt uit de September 20, 2025-editie van BW Businessworld.
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