Finance Minister Nirmala Sitharaman says Next-Gen GST reforms are driving economic growth, simplifying compliance and broadening participation to support Viksit Bharat. Implemented rate changes from September 22, 2025, coincided with 25.8% growth in taxable supplies and ₹12.46 trillion gross collections April to September 2026. Further GST Council proposals aim to reduce compliance time, costs, and improve tax credit flow.
