Written by Intern Queeny George M.H, Team Allycaral
The Government of Goa has taken center stage in implementing nationwide GST reforms, with the new two-slab GST structure (5% and 18%) going into effect on September 22, 2025.
The reforms, supported by Chief Minister Dr. Pramod Sawant and endorsed by Prime Minister Narendra Modi, mark a significant milestone in India’s journey toward Aatmanirbhar Bharat and Viksit Bharat.
Key Highlights of the Reform
- Two-slab structure: Goods & services now taxed at either 5% or 18%.
- Consumer benefit: Surprise inspections to ensure reduced rates reach buyers.
- Support for MSMEs: Simplified compliance and reduced tax burden.
- Boost to local manufacturing & exports: Designed to promote Swadeshi and global competitiveness.
Addressing the nation on the eve of Navratri, PM Modi said the reforms will accelerate India’s growth story:
“Swadeshi will render strength to the country’s prosperity in a similar way it powered India’s freedom movement.”
CM Pramod Sawant, a member of the GST Council, called it the beginning of a GST Bachat Utsav:
“Goa is fully committed to modernising infrastructure, simplifying processes and empowering our entrepreneurs so that Swadeshi products shine proudly in India and across the globe.”
The Bigger Picture
The reform is part of India’s broader policy framework that includes GST simplification, the Insolvency and Bankruptcy Code (IBC), Atmanirbhar Bharat Abhiyan, and the Production-Linked Incentive (PLI) schemes. Together, these initiatives are powering India’s journey from Make in India to Make for the World.
With Goa at the forefront, the reforms are expected to set an example for other states, reinforcing India’s position as a rising global economic powerhouse.
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