Overview

• Prime Minister Narendra Modi confirmed GST restructuring takes effect at sunrise on 22 September with two main slabs of 5% and 18%, calling it a “GST savings festival.”
• Modi said recent income‑tax relief plus the GST changes would yield more than ₹2.5 lakh crore in annual savings and urged a swadeshi push benefiting MSMEs.
• Dairy majors Amul (GCMMF) and Mother Dairy issued new retail price lists effective 22 September, cutting rates on milk, ghee, butter, paneer and ice cream to pass through lower GST.
• After President Donald Trump’s proclamation introducing a $100,000 H‑1B fee, a senior U.S. official and subsequent White House guidance said the levy applies only to new applicants and is not required for re‑entry by existing holders.
• Tech employers sent urgent travel directives that led to cancellations and personal hardship before the U.S. clarification, and Modi is slated to visit Arunachal Pradesh and Tripura on 22 September for project launches.