Sunday, March 15, 2026
22.1 C
New Delhi

Amit Shah hails GST 2.0 as one of India’s greatest economic reforms, says it boosted revenue and trust

Union Home Minister Amit Shah, in an exclusive chat with Network18 Group Editor-in-Chief Rahul Joshi, said the GST 2.0 reforms will be remembered as one of the greatest in the history of the country.

Union Home Minister Amit Shah has described the Goods and Services Tax (GST) 2.0 reforms as one of the most greatest milestones in India’s economic history, saying they strengthened trust between states, businesses and citizens while boosting national revenues.

Speaking in an exclusive conversation with Network18 Group Editor-in-Chief Rahul Joshi, Shah said GST unified 16 different taxes, including octroi, excise, sales, and entertainment levies, into a single electronic tax system.

He highlighted the introduction of e-way bills and over 200 subsequent adjustments that streamlined the process and resolved early hurdles.

STORY CONTINUES BELOW THIS AD

“As this continued, the nation’s income grew, going from Rs 80,000 crore to Rs 2 lakh crore,” Shah said.

He added that higher revenues allowed the government to reduce taxes on more than 395 items, with many essentials moved into the 0% or 5% brackets. Key sectors such as exports, health, agriculture, and employment received tax relief, while everyday expenses such as insurance, farm goods, and vehicles also became more affordable.

“Such a major tax relief was never seen before,” Shah said, crediting GST reforms for driving these benefits.

End of Article

Go to Source

Hot this week

After Arijit, Shreya says ‘I also feel like taking a break’

After Arijit Singh’s decision to step away from playback singing sparked discussion among fans, Shreya Ghoshal has shared her thoughts on the singer’s move and the importance of authenticity in live performances. Read More

Who is Bobby Vylan? British rapper who led ‘death to IDF’ chant at Al-Quds rally in London

The Metropolitan Police Service has launched an investigation after controversial chants of “death, death to the IDF” were led by rapper Bobby Vylan, of the punk duo Bob Vylan, during an Al-Quds Day protest in central London on Sunday. Read More

Laura Loomer is wrong on H-1B: Indian-American body says foreign hires fill shortage, US workers not being replaced

As Donald Trump aide Laura Loomer, a MAGA activist and a Conservative commentator, apologized for her past hateful comments about Indians but maintained that she would take back her criticism of the H-1B visa program, the Indian Ameri Read More

Jewellery worth Rs 2 crore missing after Travancore palace heist

. Thiruvananthapuram: Jewellery worth over Rs 2 crore has allegedly been stolen from Kowdiar Palace, the official residence of the Travancore royal family. Read More

By expanding crude sourcing, India ready to handle disruptions

. NEW DELHI: India today is in a far stronger position to handle disruptions in global energy markets than it was a decade ago, officials said on Sunday. Read More

Topics

After Arijit, Shreya says ‘I also feel like taking a break’

After Arijit Singh’s decision to step away from playback singing sparked discussion among fans, Shreya Ghoshal has shared her thoughts on the singer’s move and the importance of authenticity in live performances. Read More

Who is Bobby Vylan? British rapper who led ‘death to IDF’ chant at Al-Quds rally in London

The Metropolitan Police Service has launched an investigation after controversial chants of “death, death to the IDF” were led by rapper Bobby Vylan, of the punk duo Bob Vylan, during an Al-Quds Day protest in central London on Sunday. Read More

Laura Loomer is wrong on H-1B: Indian-American body says foreign hires fill shortage, US workers not being replaced

As Donald Trump aide Laura Loomer, a MAGA activist and a Conservative commentator, apologized for her past hateful comments about Indians but maintained that she would take back her criticism of the H-1B visa program, the Indian Ameri Read More

Jewellery worth Rs 2 crore missing after Travancore palace heist

. Thiruvananthapuram: Jewellery worth over Rs 2 crore has allegedly been stolen from Kowdiar Palace, the official residence of the Travancore royal family. Read More

By expanding crude sourcing, India ready to handle disruptions

. NEW DELHI: India today is in a far stronger position to handle disruptions in global energy markets than it was a decade ago, officials said on Sunday. Read More

Oscars red carpet: Stars and fashion in pictures

Hollywood’s biggest stars turn on the style as they walk the red carpet for the glittering ceremony. Read More

‘Misleading claims’: UAE official rebukes Iranian top minister, rejects aggression accusation amid Iran vs US-Israel war

UAE Slams Iran’s ‘Aggression’ Claim, Says Allegations Are Misleading A sharp diplomatic exchange has erupted between the United Arab Emirates and Iran after Iranian Foreign Minister Abbas Araghchi accused the UAE of carrying out “agg Read More

In a first, India to map its manuscript heritage from today

. NEW DELHI: In a first-of-its-kind exercise that starts on Monday, the ministry of culture will launch a three-month-long nationwide survey to map India’s manuscript heritage. Read More

Related Articles