The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, took effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent slab has been r
The Union Minister said, "On the occasion of the first day of Navratri, I got the opportunity to interact with the shop owners and traders of Amar Colony. I have congratulated them and I have delivered PM Modi's message to them. The shop owners have accepted the Next Generation GST reform
The reform in the Goods and Services Tax structure, which was approved during the 56th meeting of the GST Council earlier this month, is set to come into effect from today. The current four-rate system will be replaced with a streamlined two-slab regime of 5% and 18%. A separate 40 per cent
Speaking in Patna, Bihar, Rai emphasised Prime Minister Narendra Modi's vision of making essential items more affordable for the poor and middle class. Rai mentioned that poor people, farmers, labourers, and the middle class will greatly benefit from these tax cuts.
The Prime Minister highlighted that these reforms will boost savings and directly benefit every section of society, including farmers, women, youth, the poor, middle-class individuals, traders, and MSMEs.
Following the implementation of the revised Goods and Services Tax (GST) rates from today, West Bengal Chief Minister Mamata Banerjee criticised the NDA government and said that all the relief will come from the coffers of state governments, and the central government did not spend a single
Key decisions of the 56th GST Council Meeting on coal include: removal of the Rs. 400 per tonne GST compensation cess previously levied on coal, and an increase in GST rate on coal from 5 per cent to 18 per cent.
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
Addressing a press conference in Shimla, BJP national spokesperson Gopal Agarwal said that the government has consistently worked towards making GST easier and more transparent for businesses and consumers alike.
Prime Minister Modi, while encouraging them, said he has been championing local products as their brand ambassador. He called on people to "buy Swadeshi and sell Swadeshi," stressing that India must become self-reliant in order to achieve the goal of a Viksit Bharat.