Implications of GST cuts unfold as industries anticipate stronger demand and greater cost efficiency
GST
Dated:- 23-9-2025
PTI
The move is widely seen as lowering the expenses for consumers and supporting business expansion across diverse sectors New Delhi, 23rd September 2025: The GST Council's action in slashing rates across a broad category of items has positively struck a chord among businesses and consumers alike. The reform is being seen as a move which lowers the cost for households as well as enables firms to scale up their operations. By shifting many items to the 5% and 18% slabs, the government has streamlined the indirect tax regime while reducing the cost of a variety of products from packaged foods and medicines to IT equipment and renewable energy gear.
Industry observers note that the GST rationalization will likely underpin a higher consumption cycle. Reduced prices provide consumers with more purchasing power and lower input costs enable businesses to ge
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ports goods—from 12% to 5%—will help bring down the cost of equipment, promoting greater student uptake of sports, fitness, and co-curricular activities. In the long term, these changes will enhance the overall learning ecosystem and equip students better for an interactive, rapidly changing world.” Early learning providers highlight that systemic tax relief will indirectly strengthen foundational education. The recent GST reform, which exempts indispensable school stationery such as notebooks, pencils, erasers, crayons, sharpeners, maps and globes from tax and lowers GST on geometry and colour boxes from 12% to 5%, is a positive move for early childhood education. These reforms immediately reduce the burden on families, making it easier for more young learners to access early learning. Ms. Sneha Rathor Khandelwal, CEO, Sanfort Group of Schools said, “GST simplification is a long-term facilitator of early education. As businesses and families benefit from systemic tax relief, the educa
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eduction in GST on solar and related equipment will make clean energy options much cheaper for both households and enterprises, accelerating India’s switch to renewable energy.” Reinforcing this, Mr. Vinod Sharma, Director, Joint Solar added that the measures will boost competitiveness. “Rationalising GST slabs for solar equipment—especially modules, inverters and batteries—will boost cost competitiveness, increase domestic installations and promote Make-in-India initiatives.” Healthcare providers see the reforms as directly benefiting patients and hospitals alike. Dr. Richa Rai, CEO, Heritage Hospitals said, “Reducing GST on 33 life-saving medicines and diagnostic kits to 0% and exempting individual health insurance in totality is a milestone in public healthcare. These moves enhance access and affordability directly, especially for middle and lower-income groups. Now hospitals will be able to plough savings into infrastructure and innovation—making cutting-edge care more inclusive an
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lieve affordable tools will fuel training. Dr. Shaikh Juned Saoud, Registrar & Off. President, Bhartiya Skill Development University (BSDU) said, “Reducing GST to 5% on digital tools and learning devices and 0% on rudimentary learning material sets the stage for cheaper, technology-enabled skilling. Institutions can now offer quality, industry-relevant courses in areas such as renewable energy, logistics and IT, creating a future-ready workforce.” Echoing similar sentiments, Ms. Poonam Sharma, Chairperson at Accurate Institute of Management said, “The recent GST rate changes are a welcome move that will bring relief to higher education as well. For institutions like us, the exemption on R&D grants and reduced taxation on educational materials will allow for an even greater emphasis on academic excellence. These reforms mark the beginning of efforts to facilitate quality education and nurture future leadership.” The GST reforms are being seen as a shift that touches almost every sector
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