{"id":10109,"date":"2025-09-03T18:46:56","date_gmt":"2025-09-03T18:46:56","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/09\/03\/gst-reform-with-pm-push-comes-as-boon-for-common-man-bane-for-opposition-business-news\/"},"modified":"2025-09-03T18:46:56","modified_gmt":"2025-09-03T18:46:56","slug":"gst-reform-with-pm-push-comes-as-boon-for-common-man-bane-for-opposition-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/03\/gst-reform-with-pm-push-comes-as-boon-for-common-man-bane-for-opposition-business-news\/","title":{"rendered":"GST Reform With PM Push Comes As Boon For Common Man, Bane For Opposition | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9547773\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 03, 2025, 23:54 IST<\/time><\/p>\n<h2 id=\"asubttl-9547773\" class=\"jsx-ff263f4b724d470d jsx-3713262873 asubttl-schema\">The GST restructuring comes barely 20 days after Prime Minister Narendra Modi announced his intent to simplify the tax structure<\/h2>\n<div class=\"jsx-7dd6bcc4782610a2 artsharwrp\">\n<div id=\"artshare\" class=\"jsx-7dd6bcc4782610a2 artshare\">\n<div class=\"jsx-7dd6bcc4782610a2 stickdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 deskwrapstkdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" class=\"jsx-7dd6bcc4782610a2 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-ff263f4b724d470d jsx-3713262873 amimg\"><img decoding=\"async\" alt=\"The GST overhaul also serves as a strong political counter to opposition narratives. File pic\/PTI\" title=\"The GST overhaul also serves as a strong political counter to opposition narratives. File pic\/PTI\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-ff263f4b724d470d jsx-3713262873\"\/><\/p>\n<p>The GST overhaul also serves as a strong political counter to opposition narratives. File pic\/PTI<\/p>\n<\/figure>\n<p id=\"1\" class=\"story_para_1\"><span class=\"cf0\">In what is being widely seen as a pre-Diwali bonanza, the Government of India has delivered a sweeping <a href=\"https:\/\/www.news18.com\/business\/economy\/gst-council-clears-dual-tax-rate-structure-of-5-and-18-report-9547400.html\">GST rate rationalisation<\/a><\/span><span class=\"cf1\">\u2014a move aimed squarely at easing the burden on the middle class, farmers, and small traders.<\/span><\/p>\n<p id=\"2\" class=\"story_para_2\"><span class=\"cf1\">This landmark decision, announced by Finance Minister Nirmala Sitharaman on Wednesday following the 56th GST Council meeting in New Delhi, brings everyday items such as spectacles, hair oil, edible oil, ghee, and small cars under reduced tax slabs. For the aspirational middle class, this also means that goods like TVs, air conditioners, and consumer electronics are now far more affordable.<\/span><\/p>\n<p id=\"3\" class=\"story_para_3\"><span class=\"cf1\">\u201cThis was a clear and focused effort for the benefit of the common man,&#8221; said a senior government official, summarising the sentiment behind the move.<\/span><\/p>\n<h4><span class=\"cf1\">A Mandate Delivered in 20 Days<\/span><\/h4>\n<p id=\"4\" class=\"story_para_4\"><span class=\"cf1\">The GST restructuring comes barely 20 days after Prime Minister Narendra Modi announced his intent to simplify the tax structure. The Prime Minister had emphasised the urgency of the task, instructing that it be implemented before the auspicious <\/span><span class=\"cf1\">Navratras<\/span><span class=\"cf1\">, leaving no room for delay.<\/span><\/p>\n<p id=\"5\" class=\"story_para_5\"><span class=\"cf1\">Within days of the PM\u2019s directive, the Group of Ministers (GoM) accepted the proposed changes, and a long-pending GST Council meeting was convened.<\/span><\/p>\n<p id=\"6\" class=\"story_para_6\"><span class=\"cf1\">Although originally scheduled for two days, the Council achieved unanimous consensus in a single day, after more than 11 hours of intense deliberation. The government was determined to conclude the process quickly, leaving no space for speculation, delay, or political manoeuvring.<\/span><\/p>\n<h4><span class=\"cf1\">Broad Support\u2014Even from Reluctant Corners<\/span><\/h4>\n<p id=\"7\" class=\"story_para_7\"><span class=\"cf1\">The pro-consumer and pro-middle-class nature of the announcements made it difficult for any stakeholder\u2014including opposition-ruled states\u2014to oppose the reforms.<\/span><\/p>\n<p id=\"8\" class=\"story_para_8\"><span class=\"cf1\">While there were last-minute objections from states like Kerala and Karnataka, who demanded an extension of the compensation cess, the Centre remained firm. The Finance Minister reportedly reminded states that the exercise should not be viewed as a revenue loss, but rather as a revenue-generating economic stimulus in the long term.<\/span><\/p>\n<p id=\"9\" class=\"story_para_9\"><span class=\"cf1\">Speaking with News18, the Finance Minister remarked, \u201cI don\u2019t want to be dragged into the issue of revenue loss raised by some Opposition CMs. In the end, it\u2019s about the economy.&#8221;<\/span><\/p>\n<h4><span class=\"cf1\">Rebutting Political Rhetoric with Action<\/span><\/h4>\n<p id=\"10\" class=\"story_para_10\"><span class=\"cf1\">The GST overhaul also serves as a strong political counter to opposition narratives. Criticisms like Rahul Gandhi\u2019s \u201cGabbar Singh Tax&#8221; label now appear increasingly outdated as the government aligns its tax policy with consumer relief and economic energisation.<\/span><\/p>\n<p id=\"11\" class=\"story_para_11\"><span class=\"cf1\">The Finance Minister, speaking with News18, summed up the achievement: \u201cWe achieved this restructuring in just 20 days. It shows we are a government that works.&#8221;<\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"authorimg\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2022\/11\/wfrgtvi6_400x400.jpg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/pallavi-ghosh-10994.html\" class=\"jsx-95088aad1b3c53cd atamail\">Pallavi Ghosh<\/a><\/p>\n<p>Pallavi Ghosh has covered politics and Parliament for 15 years, and has reported extensively on Congress, UPA-I and UPA-II, and has now included the Finance Ministry and Niti Aayog in her reportage. She has als&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Pallavi Ghosh has covered politics and Parliament for 15 years, and has reported extensively on Congress, UPA-I and UPA-II, and has now included the Finance Ministry and Niti Aayog in her reportage. She has als&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-ff263f4b724d470d jsx-3713262873 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> GST Reform With PM Push Comes As Boon For Common Man, Bane For Opposition<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-ff263f4b724d470d jsx-3713262873 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/gst-reform-with-pm-push-comes-as-boon-for-common-man-bane-for-opposition-9547773.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 03, 2025, 23:54 IST The GST restructuring comes barely 20 days after Prime Minister Narendra Modi announced his intent to simplify the tax structure The GST overhaul also serves as a strong political counter to opposition narratives. File pic\/PTI In what is being widely seen as a pre-Diwali bonanza, the Government of India&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-10109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=10109"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10110"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=10109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=10109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=10109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}