Editorial photo #12769615 Economy, Business and Finance
India Economy
Union Finance Minister Nirmala Sitharaman delivers a speech during the program of the Next-Gen GST Reforms Committee in Kolkata, India, on September 18, 2025. (Photo by Debajyoti Chakraborty/NurPhoto) Union Finance Minister Nirmala Sitharaman outlines the key features of the Next Gen GST reforms, emphasizing that the new tax structure benefits the people of India, particularly the poor, middle class, farmers, MSMEs, and several key industries in West Bengal. Sitharaman states that the new GST rates are implemented from September 22, in time for the Durga Puja, which is the biggest festival of the state.