This round of tax reforms can be termed 'MGGA - Making GST Great Again'

To ensure the 56th GST Council is remembered as the most transformative since 2017, the proposed changes must be implemented in spirit, and what must happen next for promises to become policy

In a country accustomed to incrementalism, the 56th meeting of the GST Council may go down as a rare moment of policy audacity. Not merely for the headline rate tweaks, but for an unmistakable pivot to fixing the plumbing of India’s indirect tax system: registrations, refunds, and the daily frictions that define how business actually happens.

 

Credit is due to the ministers, officers and the Council for the speed with which they worked to deliver this landmark decision. The distance from the Prime Minister’s signal on August 15, 2025, to the Council’s deliberations on September 3, 2025, was covered in