In Delhi, Ravi Shankar Kumar, a resident, said, "There are several benefits for middle-class families. Be it ghee, butter, milk or ice cream, the prices have gone down. We will have some benefits in terms of what we spend in a month on dairy products."
As the Goods and Services Tax (GST) reforms come into effect on Monday, BJP leader CR Kesavan lauded Prime Minister Narendra Modi while taking a jibe at the INDIA bloc, saying their motive is "Parivar Nirbhar Bharat".
The Indian Pharmaceutical Alliance (IPA) has welcomed the launch of the Next Generation Goods and Services Tax (GST) reforms, calling it a "transformative move" that will make medicines more affordable and accessible.
Hours after Prime Minister Narendra Modi addressed the nation on the eve of the implementation of the new Goods and Services Tax (GST) reforms, Delhi Chief Minister Rekha Gupta expressed heartfelt gratitude to the Prime Minister and Finance Minister Nirmala Sitharaman, calling the reforms
Andhra Pradesh Chief Minister N Chandrababu Naidu released a booklet on the GOs issued in the Telugu language as part of GST 2.0 reforms at his camp office here on Sunday while reviewing with officials on state taxes, a press release stated.
Congress leader Pawan Khera said there was "nothing new" in the Prime Minister's remarks and accused the government of devastating micro, small and medium enterprises (MSMEs) by implementing demonetisation and GST.
Speaking to ANI, Uttar Pradesh DyCM said, "First, one nation, one tax GST was implemented. Now, the GST budget festival has arrived. The poor can also buy expensive things because they no longer have to pay the price they had to pay before."
Describing the reforms as a "GST Bachat Utsav" (festival of savings), the minister said, "What was once a web of taxes has transformed into a festival of savings. We now have a true 'GST Bachat Utsav' for every household. These reforms will accelerate investment, energize local manufacturing
Congress leader also said that the current GST reforms are inadequate. According to Ramesh, Outstanding issues include, "The widespread concerns of MSMEs - the major employment generators in the economy - must be addressed meaningfully. Apart from major procedural changes, this involves f
Prime Minister Narendra Modi, addressing the nation a day ahead of the implementation of recently made GST reforms, linked the move to the government's broader reform agenda and said the reduction in GST rates would complement income tax benefits given earlier this year, creating a "doubl
Calling it a festive gift, the Prime Minister said the reforms would accelerate India's growth story, make business easier, attract investment, and ensure every state becomes an equal partner in development.