Congress National President, Mallikarjun Kharge on Sunday alleged US President Donald Trump's "pressure is mounting" and the Union Government made the Goods and Service Tax reforms when the elections are close.
Union Finance Minister Nirmala Sitharaman on Friday announced that the foremost priority of the government is to ensure that the benefits of the GST tax reforms reach all the common people of the country.
While addressing a press conference in the national capital, the Union Commerce Minister said that under the Congress regime, multiple taxes were imposed including the Value Added Tax and Central Tax, however, PM Modi's government aims to simplify the taxation system for ease of doing bus
The Congress MP said that Union Finance Minister made major announcements following the GST council meeting; however, the decisions were proclaimed by PM Modi during his Independence Day speech.
Congratulating Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, Amitabh Kant lauded the tax reforms for simplifying the structure and eliminating inverted duties.
In a post on X, the EAM, while congratulating Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, stated that the government's decision would enhance the ease of living and business in the country.
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
India's outbound investments jumped by 67.74 per cent to USD 41.6 billion in FY2024-25 from USD 24.8 billion in FY2023-24, as per EY's new report "India abroad: Navigating the global landscape for overseas investment - 2025."
As India marked eight years of the Goods and Services Tax on Tuesday, Congress leader Rahul Gandhi slammed the Modi government and termed the GST rolled out by it as a "brutal tool of economic injustice and corporate cronyism."
Union Finance and Corporate Minister Nirmala Sitharaman on Tuesday said that India's tax reforms and digital transformation in tax administration have increased revenue and reduced compliance costs.
Delhi NCR [India], February 6: The Union Budget 2025 has set the stage for sustained economic momentum, with significant allocations for infrastructure, tax reforms, and urban transformation. For the real estate sector, it brings both opportunities and areas for further contemplation. While