Updated On: 24 October, 2025 04:55 PM IST | Anushree Gaikwad
Minister of Finance and Corporate Affairs Nirmala Sitharaman inaugurated the new Central Goods and Services Tax (CGST) Bhawan in Ghaziabad. (PICS/ PTI, @nsitharamanoffc)

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Addressing officials and dignitaries, she emphasised the need for the next generation of GST reforms to focus on transparency, efficiency, and respect for taxpayers
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The minister highlighted the positive signs emerging from India`s economic landscape, referring to data shared by the Confederation of All India Traders (CAIT)

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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
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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

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Sitharaman noted that such growth signals the meaningful impact of reforms like GST rate rationalisation
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