Sun Sep 21 16:00:11 UTC 2025: ## Summary:

Prime Minister Narendra Modi hailed the recent reduction in Goods and Services Tax (GST) rates as the start of “GST Utsav,” emphasizing that it provides a double benefit to households, who are already benefiting from recent income tax exemptions.

## News Article:

**Modi Declares ‘GST Utsav’ as Lower Rates Offer Double Bonanza to Taxpayers**

**New Delhi, India -** Prime Minister Narendra Modi today declared the recent lowering of Goods and Services Tax (GST) rates as the beginning of “GST Utsav,” a period of celebration highlighting the benefits of the reformed tax system for Indian citizens.

Speaking to reporters, the Prime Minister presented the reduced GST rates as a “double bonanza” for households, who are already seeing the positive impact of recent income tax exemptions. He emphasized that the combined effect of these reforms would significantly ease the financial burden on families across the country.

“These changes are designed to put more money in the pockets of our citizens and boost economic growth,” Modi stated. He further explained that the lower GST rates would make essential goods and services more affordable, while the income tax exemptions would provide increased disposable income for families to invest and save.

The government hopes that these measures will stimulate consumer spending and further accelerate India’s economic recovery. While details on the specific GST rate changes were not immediately available, the Prime Minister’s announcement signals a renewed commitment to refining the GST system and maximizing its benefits for the Indian populace.

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