Next-Gen GST, Powering India’s Investment and Demand Surge - IBEF

India’s recent Goods and Services Tax (GST) overhaul is more than a simple tax tweak; it is an economic operating system for growth. Described by officials as a ‘historic Diwali gift’, the Next-Gen GST Reforms go beyond rate cuts to align taxation with India’s development vision. Launched in late 2025, these reforms rationalise tax rates on over 200 items spanning essentials, agriculture, healthca…