PM Modi’s address to nation: Income tax relief, GST rate cuts to result in Rs 2.5 lakh crore savings; asks people take pride in ‘Swadeshi’ goods
Prime Minister Modi spoke of upcoming GST reforms, effective September 22, 2025, calling it 'GST Bachat Utsav'. The revised tax structure features only 5% and 18% slabs, reducing prices on everyday items. Income up to ₹12 lakh is now tax-exempt, creating a 'double bonanza' for the middle class.
Prime Minister Modi spoke of upcoming GST reforms, effective September 22, 2025, calling it 'GST Bachat Utsav'. The revised tax structure features only 5% and 18% slabs, reducing prices on everyday items. Income up to ₹12 lakh is now tax-exempt, creating a 'double bonanza' for the middle class.
