GST 2.0: A Boon for Bengal’s Economy
The GST Council’s landmark move in September 2025 to simplify India’s taxation system popularly called GST 2.0, has brought a two-rate structure of 5% and 18%, with essentials exempted. Beyond easing compliance, this reform has opened up fresh opportunities for Bengal’s economy, impacting sectors that are deeply tied to its cultural identity, employment base, and global trade presence.