Minister of Finance and Corporate Affairs Nirmala Sitharaman inaugurated the new Central Goods and Services Tax (CGST) Bhawan in Ghaziabad. (PICS/ PTI, @nsitharamanoffc)
Updated On: 2025-10-24 04:55 PM IST
Compiled by : Anushree Gaikwad
Addressing officials and dignitaries, she emphasised the need for the next generation of GST reforms to focus on transparency, efficiency, and respect for taxpayers
The minister highlighted the positive signs emerging from India's economic landscape, referring to data shared by the Confederation of All India Traders (CAIT)
This year's festive retail sales reached an all-time high of Rs 6.05 lakh crore, marking a 25 per cent jump over last year
About Rs 5.4 lakh crore came from goods and Rs 65,000 crore from services, with 87 per cent of consumers choosing Made-in-India products
Sitharaman noted that such growth signals the meaningful impact of reforms like GST rate rationalisation
