Business EconomyPosted at: Sep 4 2025 7:45PM


GST rate rationalisation a significant milestone in India’s tax reforms: PHDCCI

New Delhi, Sep 4 (UNI) Industry body PHDCCI welcomed the GST council’s rationalisation move, terming it as a ‘milestone in India’s tax reforms.’
Hemant Jain, President, PHDCCI, said, “The implementation of GST rate rationalisation from September 22, 2025, marks a significant milestone in India’s tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency—creating a virtuous cycle of growth, stability, and fiscal strength.”
“ This reform will boost business confidence and drive the next phase of economic expansion,” Jain added.
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