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Podcast: Moneylife News Bites
Episode: PM’s GST Reform Gift Must Arrive Well before Diwali
Description: Prime minister Narendra Modi has promised GST 2.0 as a “Diwali gift” to India. But will rationalised tax slabs and simplified compliance really light up the festive season—or will delays throw businesses and consumers into chaos?In this audio, Sucheta Dalal breaks down why timing is everything. With companies already planning inventory, pricing, and campaigns, even a short delay in announcing GST reforms could disrupt India’s biggest sales season. From bizarre tax classifications (paratha vs roti, popcorn vs cream bun) to concerns of state revenues, GST 2.0 could be a make-or-break moment for India’s economy.W...