Festival season sales shot up due to GST reforms : FM

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The Federation of Tamil Nadu Traders Associations felicitated Union Finance Minister Nirmala Sitharaman for GST 2.0 successful  Coimbatore metropolis  connected  Tuesday.

The Federation of Tamil Nadu Traders Associations felicitated Union Finance Minister Nirmala Sitharaman for GST 2.0 successful Coimbatore metropolis connected Tuesday. | Photo Credit: Special Arrangement.

Sale of automobiles and consumers durables saw important maturation during the festival play this twelvemonth due to the fact that of the GST reforms, said Union Finance Minister Nirmala Sitharaman successful Coimbatore connected Tuesday (November 11, 2025).

Speaking astatine a felicitation relation organised by the Federation of Tamil Nadu Traders Associations for the Finance Minister for GST 2.0, she said 40.23 lakh units of automobiles were sold successful October, which is 40.5% much than the merchantability during October 2024. Sale of two-wheelers saw a 51% growth. On the archetypal time of the revised GST rates, merchantability of consumers durables changeable up 30-35%, she said.

The authorities is reviewing the strategy regularly to simplify it, she said. According to a survey by the New Delhi-based CAIT, full income during September – October this twelvemonth was worthy ₹6 lakh crore and traders saw nonstop benefit.

In the past 1 year, the Income Tax exemption bounds was accrued to ₹12 lakh, the IT filing systems were simplified, and GST reforms were introduced. The Prime Minister perpetually looks astatine measures to trim the load for the communal man. He wanted the Income Tax exemption ceiling to beryllium accrued to ₹12 lakhs. He called for expediting the GST reforms and GST 2.0 was presented to the Council arsenic a Central authorities proposal. The felicitations should beryllium for the Prime Minister, she said.

AM Vikrama Raja, president of the Federation, said the Government should bring successful measures to support the traders from e-commerce and firm retailers. It should instrumentality the payment committee for traders. There should beryllium 1 typical for the confederate States who volition talk successful the Parliament connected the demands of the commercialized and industry. The GST officials should not “crush” the traders who tin marque insignificant mistakes successful the filings, helium said.

The Federation presented the Finance Minister a memorandum with astir 30 demands.

Published - November 11, 2025 09:27 p.m. IST

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