UP CM hails GST reforms

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday hailed the decision of the Narendra Modi government in the reforms in the GST rates.

In his post on X, CM Adityanath said, “India’s tax system is entering a new era under the visionary leadership of respected Prime Minister Narendra Modi. The resolution of the #NextGenGST Reform that the Prime Minister had placed before the countrymen on the occasion of Independence Day is seen coming to fruition today. This is not just a tax reform but a decisive and important step towards making India a leading economy in global competition with a high growth rate.”

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He said,” Now there will be only 2 major slabs in #GST, 5 per cent and 18 per cent, in which most of the essential commodities have been kept in the 5 per cent slab. The interests of the states have been taken care of in these reforms, which will be implemented from September 22. This new chapter will provide a new strength to farmers, women, youth, the MSME sector, and small traders. Keeping the tax on food, medicines, and educational material from 0 per cent to 5 per cent will save domestic expenditure. The reduction in everyday items will encourage consumption, and every family will also get immediate relief from it”.

The CM further said,”GST compliance will now be simpler. This will take #EaseofDoingBusiness to new heights. Lakhs of new employment opportunities will be created. This will also encourage the spirit of self-reliance through Swadeshi.”

He thanked the Prime Minister and Union Finance Minister Nirmala Sitharaman for the unprecedented and revolutionary decision on behalf of the 25 crore people of Uttar Pradesh.