GST 2025 rollout emerges as cornerstone of India’s structural reform story: Economic Survey 2025-26 - Business Today

The Survey’s preface highlights that the government carried out “the most radical overhaul of the Goods and Services Tax since its inception in 2017” during 2025, placing GST reforms alongside major policy actions such as labour code notification and sectoral liberalisation GST 2.0 introduced next-gen tax reforms with simplified slabs of 5%, 18% and 40%, effective September 22, 2025, to streamline…