Ashwini Vaishnaw LIVE: Union Minister Holds Press Conference On New GST Reforms | Semiconductor
Union Minister Ashwini Vaishnaw addresses the nation in a LIVE press conference, unveiling new GST reforms for 2025 and key updates on India’s semiconductor industry. The GST Council has simplified the tax structure into a two-tier system of 5% and 18%, with a 40% slab for luxury and sin goods, aimed at benefiting the common man and boosting sectors like agriculture, healthcare, and textiles. Vaishnaw also highlights India’s strides toward becoming a global semiconductor hub, including the rollout of the first ‘Made in India’ semiconductor chip by year-end, aligning with PM Modi’s ‘Aatmanirbhar Bharat’ vision.
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