FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22

FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22

India is set for a major GST overhaul starting September 22, as Finance Minister Nirmala Sitharaman announced a new two-tier GST rate structure of 5% and 18%.

From soaps to small cars, several common-use items will see revised prices.

Sitharaman said the move is part of a broader “structural reform” aimed at strengthening the economy while reducing rates on essentials.

The GST Council’s decision was unanimous, with no state opposing the revision.

According to the Finance Minister, the changes focus on the main drivers of the economy while making goods of daily use more affordable for ordinary citizens.

So, what gets cheaper and what turns costlier?

Watch the full breakdown of India’s biggest GST shake-up in years.

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