Union Minister Nityanand Rai hailed the reforms in the Goods and Services Tax (GST) and said that the poor people, farmers, labourers, and the middle class will benefit from the tax cuts.
According to an official release, the FICCI MP says that these reforms will strengthen the foundation of a Viksit Bharat while also creating new opportunities for states like Madhya Pradesh.
"This will be very helpful for the middle class in the coming times. When there will be savings, they will be able to invest in other places, so in the coming times, this will bring a huge boost to the economy. I thank the Prime Minister," the Union Minister said here, thanking Prime Ministe
"As a result, more money will remain in the hands of the common people, thereby increasing their purchasing power," Mahanta said according to a statement.
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"We have received assurance from all sectors of industry, different levels, big and small, have committed that we will pass on the entire benefit to the common man. We are very confident that they will meet our expectations. The Modi government always trusts stakeholders just as the people o
"I welcome the reduction. The other truth is that it has been done eight years too late. We have always advocated a single rate, with a small plus or minus. This is a huge progress over the six or seven rates they had. In the course of time, I believe, it will come down to a single rate,"
"The situation is serious. Due to floods, the crops are destroyed. 1400 villages are badly affected. The Centre has sent two Central teams to assess the damage. The state government will also conduct an assessment. I have come here at the direction of the Prime Minister. In this difficult
In a statement, Assam BJP Spokesperson Debojit Mahanta stated that nearly 99 per cent of goods currently taxed at 12 per cent GST would now come under 5 per cent GST. As a result, more money will remain in the hands of the common people, thereby increasing their purchasing power.