Locals pointed out that the decision to simplify slabs into primarily 5 percent and 18 percent, while lowering or eliminating GST on several essential commodities, will ease household expenses and create wider economic opportunities.
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.
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.
"This is a very good step for both companies and consumers. Now, all our products have either come under a zero per cent or a five per cent slab. The implementation has been done, and the consumer will benefit from it from today. It is a very good step to increase consumption," the Managing
"The question that needs to be asked is who increased the GST? Who put a burden on the country by increasing it for eight years? You (PM Modi) should have apologised to the nation yesterday. Congress and the Opposition had been demanding only one slab on the basis of 'one nation, one tax'. H
Farmers in different parts of Uttar Pradesh on Monday hailed the implementation of GST reforms and said that the positive impact will be felt by all sections of farming community, specially small and medium farmers.
As the Goods and Services Tax (GST) reforms come into effect on the occasion of Navratri, Union Minister Kiren Rijiju on Monday said that the government will reach out to traders and consumers to spread awareness regarding the benefits of the new tax slabs.
Chairman of the Twenty Points Programme Implementation, Lanka Dinakar, Government of Andhra Pradesh lauded the revision of Goods and Services Tax (GST) slabs and said that the primary motive of the Prime Minister Narendra Modi is to benefit common man with the Next Generation GST Reforms for
Bharatiya Janata Party National Secretary Anil K Antony on Tuesday lauded the recently announced Goods and Services Tax reforms, saying that almost 99% of the goods across the country will see a price decrease, which will help every common man.
The sweeping GST reforms unveiled on September 3, among others, have provided a substantial relief on health care, with taxes being either fully exempted or brought down to the lowest slab.