SPF welcomes Government’s landmark GST rate reform

“Will provide much-needed clarity and predictability for businesses”

A Contributor

NATIONAL, September 04, 2025: The Startup Policy Forum (SPF) has welcomed the Government’s landmark GST rate reform, moving from four slabs to a simpler two-rate structure. SPF believes this ‘Simple Tax’ regime will provide much-needed clarity and predictability for businesses – cutting red tape and easing compliance for start-ups and MSMEs.

This ‘Simple Tax’ regime will provide much-needed clarity and predictability for businesses – cutting red tape and easing compliance for startups and MSMEs.

Shweta Rajpal Kohli, President and CEO, Startup Policy Forum, in a statement said, “We particularly commend the decision to keep EVs at the concessional 5% slab, a clear boost for India’s clean mobility vision and a strong signal of policy certainty for innovators and investors across the mobility and green technology spectrum”.

She was equally, encouraging are the rate cuts on auto parts, small cars, renewable energy devices, medical supplies, and life-saving drugs – reforms that go beyond balance sheets to directly impact sectors like healthcare, manufacturing, transport, sustainability and social impact.

SPF said it strongly believes this reform not only lightens the tax burden but also puts ‘fuel in the tank’ for start-ups driving innovation, jobs and India’s journey towards Viksit Bharat @ 2047.

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