GST Reforms 2025: Relief for Common Man, Boost for Businesses

The GST reforms effective from September 22, 2025, introduce a simplified two-slab structure with 5% and 18% rates. This will lead to savings of up to 13% on grocery bills and make essential items more affordable for the common man while boosting business competitiveness. Key Changes: • Simplified tax structure with only two main slabs: 5% and 18% • Essential items like food grains, milk, and medicines now under 5% slab • Most goods and services moved to 18% slab for uniformity • Reduced compliance burden for businesses • Expected to boost consumption and economic growth This reform aims to make GST more citizen-friendly while maintaining revenue neutrality for the government.