Stock market today, Sept. 4 -- The Government of India (GoI) announced the rationalisation of indirect taxes in India after the GST Council meeting on Wednesday. Finance Minister Nirmala Sitharaman announced this in this regard and said that a new goods and tax regime will come into effect from September 22, 2025, with three GST slabs: 5%, 18%, and 40%. While making this announcement, Sitharmana said that GST reforms would lead to a GST rate drop on 396 items that would help the common man.

According to stock market experts, the outcome of the GST Council meeting would positively impact the Indian stock market. They are expecting a gap-up opening on Thursday as the GST reforms announced yesterday have the potential to act both as an econ...