GST 2025: Relief, Risks, and Road Ahead

The 2025 GST reforms simplify India’s tax system by consolidating slabs into 5% and 18%, cutting rates on essentials and key sectors to ease household burdens, increase affordability, and stimulate consumption-led growth. By supporting Viksit Bharat 2047 and Atmanirbhar Bharat, the move strengthens competitiveness and economic resilience. However, concerns over revenue loss, inverted duty structures, and MSME compliance persist, requiring fiscal balance, tax base expansion, and structural support to ensure long-term inclusive prosperity.