{"id":6610,"date":"2025-09-21T17:47:34","date_gmt":"2025-09-21T17:47:34","guid":{"rendered":"https:\/\/theeaglenews.co.in\/?p=6610"},"modified":"2025-09-21T17:49:43","modified_gmt":"2025-09-21T17:49:43","slug":"pm-modi-unveils-gst-savings-festival-as-next-generation-gst-reforms-take-effect-from-navratri","status":"publish","type":"post","link":"https:\/\/theeaglenews.co.in\/?p=6610","title":{"rendered":"PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri."},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h1><strong>PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri.\u00a0<\/strong><\/h1>\n<p>&nbsp;<\/p>\n<p><strong>New Delhi:<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>In a landmark address to the nation this evening, Prime Minister Narendra Modi announced the rollout of the <strong>Next Generation GST Reforms<\/strong>, branding the new tax regime as a <strong>\u201cGST Savings Festival\u201d<\/strong> that begins with the onset of Navratri on <strong>September 22, 2025<\/strong>. The reforms, which simplify the GST structure and offer substantial tax relief, are positioned as a major boost to consumer savings and India&#8217;s economic growth.<\/p>\n<hr \/>\n<h3>\u00a0&#8220;A Festival of Savings Begins Tomorrow&#8221;<\/h3>\n<p>&#8220;From tomorrow morning, with the rising sun on the first day of Navratri, a new era begins for India\u2019s taxation system,&#8221; the Prime Minister said in his televised address. Calling it a <strong>\u201csavings festival\u201d<\/strong>, PM Modi highlighted that the restructured GST system would <strong>benefit every section of society<\/strong>\u2014including the poor, middle class, youth, farmers, women, and small business owners.<\/p>\n<p>\u201cThis means every family will have something sweet to eat during this festive season,\u201d he said, tying the reforms to the spirit of celebration.<\/p>\n<hr \/>\n<h3>Simplified Tax Slabs, Cheaper Essentials<\/h3>\n<p>The centerpiece of the reform is the <strong>rationalization of GST slabs<\/strong>\u2014reducing the structure to just <strong>5% and 18% brackets<\/strong>, down from the complex multi-tier system that previously existed. According to the PM:<\/p>\n<ul>\n<li><strong>Most essential goods and services<\/strong>\u2014such as <strong>food items, medicines, soaps, brushes, toothpaste, and insurance policies<\/strong>\u2014will now either be <strong>tax-exempt or taxed at just 5%<\/strong>.<\/li>\n<li>Almost <strong>99% of items previously under 12% GST<\/strong> have now been moved to the <strong>5% bracket<\/strong>.<\/li>\n<li><strong>Hotel stays<\/strong>, <strong>appliances<\/strong>, and <strong>vehicles<\/strong> will become <strong>more affordable<\/strong>, further reducing the cost of living for ordinary citizens.<\/li>\n<\/ul>\n<hr \/>\n<h3>Dual Relief: GST Cuts + Income Tax Exemption<\/h3>\n<p>In a significant move for India\u2019s middle and neo-middle classes, PM Modi reminded the nation of the <strong>recent income tax relief<\/strong> under which <strong>income up to Rs. 12 lakh has been made tax-free<\/strong>. Combining this with the new GST savings, the Prime Minister estimated that Indians will <strong>save more than Rs. 2.5 lakh crore<\/strong> in a year.<\/p>\n<p>\u201cThis is not just a tax reform; it is a transformation in how we empower our citizens,\u201d he declared.<\/p>\n<hr \/>\n<h3>Boost for MSMEs and \u2018Made in India\u2019<\/h3>\n<p>The PM also emphasized the <strong>crucial role of MSMEs<\/strong> (Micro, Small, and Medium Enterprises) in India\u2019s vision of a <strong>self-reliant economy<\/strong>. The simplified GST regime will:<\/p>\n<ul>\n<li><strong>Reduce compliance burdens<\/strong> for small businesses,<\/li>\n<li><strong>Increase sales and competitiveness<\/strong>,<\/li>\n<li>And <strong>strengthen the manufacturing ecosystem<\/strong> within India.<\/li>\n<\/ul>\n<p>&#8220;Whatever our small industries produce should be the best in the world by every standard. That is how India will regain its economic glory,&#8221; he said.<\/p>\n<p>He appealed to entrepreneurs to focus on <strong>quality and global competitiveness<\/strong>, tying the reforms to a broader <strong>Swadeshi movement<\/strong>.<\/p>\n<hr \/>\n<h3>\u201cBuy Swadeshi, Sell Swadeshi\u201d: A Renewed Call<\/h3>\n<p>Drawing parallels to the <strong>freedom movement&#8217;s Swadeshi mantra<\/strong>, PM Modi urged citizens to <strong>consciously choose Made in India products<\/strong> in their daily lives.<\/p>\n<p>&#8220;Be aware whether the comb in your pocket is Indian or foreign. Let every home, every shop, be a symbol of Swadeshi,&#8221; he said, encouraging people to proudly <strong>\u201csay it, buy it, and sell it\u201d<\/strong>\u2014Swadeshi.<\/p>\n<p>He also called upon <strong>state governments<\/strong> to join this movement by promoting manufacturing and creating investment-friendly environments to <strong>build a truly self-reliant India<\/strong>.<\/p>\n<hr \/>\n<h3>Reform with a Vision: One Nation, One Tax<\/h3>\n<p>Reflecting on the <strong>introduction of GST in 2017<\/strong>, PM Modi recounted the complex maze of taxes\u2014octroi, VAT, excise, and others\u2014that once plagued businesses and consumers alike. The initial rollout was a historic shift, he said, but today&#8217;s reforms represent the next crucial step in <strong>easing business, enhancing affordability, and driving growth<\/strong>.<\/p>\n<hr \/>\n<h3>Festive Message and Closing<\/h3>\n<p>As the nation gears up to celebrate <strong>Navratri<\/strong>, PM Modi concluded his address with a message of prosperity and hope:<\/p>\n<blockquote><p>\u201cTo achieve the goal of a developed India, self-reliance is our path. Let this festival not just be a celebration of tradition, but also a celebration of transformation and empowerment. Wishing you all a very happy Navratri and a joyful GST Savings Festival!\u201d<\/p><\/blockquote>\n<hr \/>\n<h3>Summary of Key Announcements:<\/h3>\n<ul>\n<li><strong>Next Generation GST Reforms effective from September 22, 2025<\/strong><\/li>\n<li><strong>GST simplified to just 5% and 18% slabs<\/strong><\/li>\n<li><strong>Essential goods and services mostly tax-free or under 5%<\/strong><\/li>\n<li><strong>Income up to Rs. 12 lakh remains tax-free<\/strong><\/li>\n<li><strong>Estimated annual savings: Rs. 2.5 lakh crore<\/strong><\/li>\n<li><strong>MSMEs to benefit from reduced tax and simplified compliance<\/strong><\/li>\n<li>Nationwide push for Swadeshi goods and self-reliant manufacturing.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri.\u00a0 &nbsp; New Delhi: &nbsp; In a landmark address to the nation [&hellip;]<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" data-url=https:\/\/theeaglenews.co.in\/?p=6610><\/div>\n","protected":false},"author":1,"featured_media":6611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,3],"tags":[],"class_list":["post-6610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-news","category-latest-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PM Modi Unveils &quot;GST Savings Festival&quot; as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theeaglenews.co.in\/?p=6610\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM Modi Unveils &quot;GST Savings Festival&quot; as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News\" \/>\n<meta property=\"og:description\" content=\"PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri.\u00a0 &nbsp; New Delhi: &nbsp; In a landmark address to the nation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theeaglenews.co.in\/?p=6610\" \/>\n<meta property=\"og:site_name\" content=\"The Eagle News\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-21T17:47:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-21T17:49:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/09\/Screenshot_2025-09-21-23-16-13-875_com.facebook.katana-edit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"629\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6610\",\"url\":\"https:\/\/theeaglenews.co.in\/?p=6610\",\"name\":\"PM Modi Unveils \\\"GST Savings Festival\\\" as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News\",\"isPartOf\":{\"@id\":\"https:\/\/theeaglenews.co.in\/#website\"},\"datePublished\":\"2025-09-21T17:47:34+00:00\",\"dateModified\":\"2025-09-21T17:49:43+00:00\",\"author\":{\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4\"},\"breadcrumb\":{\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6610#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/theeaglenews.co.in\/?p=6610\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/theeaglenews.co.in\/?p=6610#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/theeaglenews.co.in\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/theeaglenews.co.in\/#website\",\"url\":\"https:\/\/theeaglenews.co.in\/\",\"name\":\"The Eagle News\",\"description\":\"Eagle News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/theeaglenews.co.in\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/theeaglenews.co.in\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/theeaglenews.in\"],\"url\":\"https:\/\/theeaglenews.co.in\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PM Modi Unveils \"GST Savings Festival\" as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/theeaglenews.co.in\/?p=6610","og_locale":"en_US","og_type":"article","og_title":"PM Modi Unveils \"GST Savings Festival\" as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News","og_description":"PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri.\u00a0 &nbsp; New Delhi: &nbsp; In a landmark address to the nation [&hellip;]","og_url":"https:\/\/theeaglenews.co.in\/?p=6610","og_site_name":"The Eagle News","article_published_time":"2025-09-21T17:47:34+00:00","article_modified_time":"2025-09-21T17:49:43+00:00","og_image":[{"width":1080,"height":629,"url":"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/09\/Screenshot_2025-09-21-23-16-13-875_com.facebook.katana-edit.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/theeaglenews.co.in\/?p=6610","url":"https:\/\/theeaglenews.co.in\/?p=6610","name":"PM Modi Unveils \"GST Savings Festival\" as Next-Generation GST Reforms Take Effect from Navratri. - The Eagle News","isPartOf":{"@id":"https:\/\/theeaglenews.co.in\/#website"},"datePublished":"2025-09-21T17:47:34+00:00","dateModified":"2025-09-21T17:49:43+00:00","author":{"@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4"},"breadcrumb":{"@id":"https:\/\/theeaglenews.co.in\/?p=6610#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/theeaglenews.co.in\/?p=6610"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/theeaglenews.co.in\/?p=6610#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/theeaglenews.co.in\/"},{"@type":"ListItem","position":2,"name":"PM Modi Unveils &#8220;GST Savings Festival&#8221; as Next-Generation GST Reforms Take Effect from Navratri."}]},{"@type":"WebSite","@id":"https:\/\/theeaglenews.co.in\/#website","url":"https:\/\/theeaglenews.co.in\/","name":"The Eagle News","description":"Eagle News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/theeaglenews.co.in\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/836b23196d8cf2a3340a0b6adb2d2cf4","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/theeaglenews.co.in\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b3813785621535057fd2f3870ecafe9dc3e7307140c68da3e0427080f45c50e6?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/theeaglenews.in"],"url":"https:\/\/theeaglenews.co.in\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6610"}],"version-history":[{"count":1,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6610\/revisions"}],"predecessor-version":[{"id":6612,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/6610\/revisions\/6612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=\/wp\/v2\/media\/6611"}],"wp:attachment":[{"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeaglenews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}