#gst simplification

As 2025 draws to a close, it is becoming increasingly clear that this year will be remembered less for slogans and more for structural shifts. In a global environment marked by trade frictions, geopolitical uncertainty, and slowing growth in several major economies, India chose to press ahead with reforms rather than retreat into caution. The government’s year-end assessment pointing to 2025 as a year of “big reforms” is not mere rhetoric; it reflects a series of policy decisions that collectively attempted to recalibrate how the Indian state engages with industry, labour, markets, and welfare.