The recently announced next-generation Goods and Services Tax (GST) reforms will significantly benefit India's agriculture sector, particularly the rice industry, Indian Rice Exporters Federation's Vice President, Dev Garg, said.
Haryana Chief Minister Nayab Singh Saini on Saturday hailed the "historic" decisions taken at the 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, under the guidance of Prime Minister Narendra Modi.
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
The Indian agriculture sector has hailed the restructuring of Goods and Services Tax (GST), as the Indian Rice Exporters Federation (IREF) on Saturday said that the reform will help the farmers due to the enhanced demand.
Union Agriculture Minister Shivraj Singh Chouhan on Saturday hailed the Goods and Services Tax (GST) reforms, emphasising that the Centre is aiming to reduce the cost of production in agriculture and increase overall output, which would benefit farmers directly.
New Delhi [India], September 6: The AIIFA Sustainable Steel Manufacturers Association, representing over 1,800 members nationwide, has called for comprehensive reforms in standards, sustainability practices, and taxation to strengthen the resilience and global competitiveness of India's stee
Bengaluru (Karnataka) [India], September 6: GRB Dairy Foods, one of India's most trusted names in dairy and traditional food products, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The company views this reform as a pivotal move to
In a statement, USIBC praised the rationalisation of GST slabs and reduction in tax rates across key sectors, including food, healthcare, life-saving drugs, renewable energy, and electronics.
According to him, the revision of GST slabs and reduction of taxes on essential products will give a significant boost to the Indian economy, propelling it to new heights in the market.
The Union Minister said that the government's move to eliminate the 18 per cent GST slab and bring relief on essential items marked a major step towards easing the financial burden on the middle class and the poor.
"This decision is not new wisdom but a long-delayed acceptance of what Shri Rahul Gandhi, Opposition leaders, and opposition-ruled states have demanded since 2016-2017, when the Modi Government hurriedly rolled out a faulty GST. From the very beginning, we had warned that this "Gabbar Sin