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Business

GST rate cuts boost festive sales, reflect positive market sentiment: FM Sitharaman

IANS | October 24, 2025 02:27 PM

NEW DELHI: India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance Minister Nirmala Sitharaman said on Friday.

Speaking at the inaugural event of the new CGST Bhawan in Ghaziabad, FM Sitharaman said that the next generation GST reforms will make this system even more efficient, equitable and growth-oriented.

“I am confident that with continued reforms, dedication and teamwork, we will reach new heights in revenue, compliance and service delivery, ” the Finance Minister said.

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