Rai Kumar Nahar, who is the Chairman of The Poona Merchant Chamber, has pointed out that the previous GST slabs mandated implementation of different kinds of rates which led to mistakes, which will be reduced by the newly brought reforms.
Prime Minister Narendra Modi on Sunday urged citizens to adopt Swadeshi and prioritise Made in India products, as the newly approved Goods and Services Tax (GST) reforms come into effect from September 22, the first day of 'Shardiya Navaratri'.
Hyderabad (Telangana) [India], September 22: Vicat In India, through its subsidiaries Bharathi Cement Corporation Limited and Kalburgi Cement Private Limited, warmly welcomes the Government of India's landmark decision to reduce the Goods and Services Tax (GST) on cement from 28% to 18% with
BJP MP and Confederation of All India Traders (CAIT) Secretary General, Praveen Khandelwal, lauded the reform, calling it a gift for the common people.
BJP MP K Laxman led a 'Dhanyavaad Modi Ji' padayatra in Hyderabad, calling the GST slab reduction a festive gift from PM Modi and urging traders to support its implementation.
The Goods and Services Tax (GST) exemption on health and life insurance will make protection affordable, accessible and attractive for Indian families.
Union Minister Ashwini Vaishnaw slammed the Opposition parties for criticising the Goods and Services Tax (GST) reforms, which come into effect on Monday.
The latest GST reforms, rolled out on Monday, are not just a routine policy change but a move that experts say will make daily life easier on the pocket.
"During that time, we should see the situation. You used to criticise it so much, called it as Gabbar Singh Tax, whatever, leave that. The situation right now is that we implemented GST, and got second generation (reforms) too, and people are benefiting from this," he added.