The new GST reform bill (GST 2.0) in India is scheduled to roll out from September 22, 2025. This marks a significant overhaul with revised GST rates and exemptions coming into effect on that date, aiming to simplify and reduce tax rates on many goods and services while introducing a higher rate slab for luxury and sin goods. In Canada, the GST/HST credit payment for 2025 is set to be released on July 4, 2025, as a quarterly payment to eligible taxpayers to offset GST/HST costs. To clarify:
- India GST 2.0 reform implementation date: September 22, 2025
- Canada GST/HST credit payment date: July 4, 2025
These dates reflect the timing when the GST changes or payments will come out in these two major GST-implementing regions in 2025.
