In a statement, Assam BJP Spokesperson Debojit Mahanta stated that nearly 99 per cent of goods currently taxed at 12 per cent GST would now come under 5 per cent GST. As a result, more money will remain in the hands of the common people, thereby increasing their purchasing power.
BMS also expressed hope that manufacturers, insurance companies, and others will promptly pass on these benefits to the common man by lowering the prices of essential daily-use products, said Ravindra Himte, General Secretary, BMS, in a statement.
AIMIM chief and Hyderabad MP Asaduddin Owaisi on Thursday criticised the Centre's claim that the latest reforms in Goods and Services Tax (GST) would boost consumption and said that this rhetoric and dialogue have not helped the common man in the past decade.
"With this big bang reform, there will be a boost to demand. Especially from a common man's perspective, I think, it will provide a lot of relief by bringing down the cost of many everyday items, as well as some of the aspirational items. Overall, I think that is a very significant developme
He stressed that the "double engine" government is working with full dedication and committment so that development works can be made available to the common people through roads, bridges, investments and institutions.
While speaking to ANI, Bihar Deputy CM said, "I thank the Prime Minister and the Finance Minister that under their guidance, the entire GST Council has passed it. The concerns of farmers, the common man, and the entire Indian economy have been addressed. The medical sector has been completel
Union Minister of State for Finance Pankaj Chaudhary stated that the new Goods and Services Tax (GST) slabs will provide relief to the common man, small traders and micro, small and medium enterprises (MSMEs).
Tamil Nadu Chief Minister MK Stalin, during his ongoing TN Rising Europe investment drive, met Catherine West, Parliamentary Under-Secretary of State (Indo-Pacific) at the Foreign, Commonwealth and Development Office, to discuss opportunities for enhanced collaboration between Tamil Nadu and
Union Finance Minister Nirmala Sitharaman hit out at the Congress, and said the party once considered GST was impossible to implement, but the Modi government not only rolled it out successfully but is now taking it forward with second-phase reforms to ease the burden on common people.
"The common people and our workers demand that we need such seats that will save our dignity. If the NDA has sympathy for us in their hearts to grant recognition to our party, they should give us at least 20 seats in the Bihar legislative assembly election," Manjhi, former Chief Minister