Prime Minister Narendra Modi on Thursday assured that the tax burden on people will continue to ease as India's economy gains more strength, while reaffirming that reforms in GST are an ongoing process.
Speaking at the inauguration of the UP International Trade Show (UPITS), Modi highlighted that the government's recent structural reforms in GST are poised to accelerate India's growth story and put more savings in the hands of citizens.
GST Reforms and Tax Relief
Modi recalled the historic implementation of GST in 2017, describing it as a landmark reform that simplified India's indirect tax system. He noted that further reforms introduced in September 2025 have taken this transformation forward.
"We are not going to stop here. As the economy strengthens further, the tax burden will keep going down. With the blessings of the people, reforms in GST will continue," he said.
The Prime Minister also underlined government measures such as zero income tax for individuals earning up to Rs 12 lakh annually and the rollout of GST 2.0 reforms, which he said will translate into greater savings and financial relief for households.
Boost to Defence and Self-Reliance
Beyond tax reforms, Modi stressed on the government's push for a self-reliant India, highlighting efforts to build a vibrant defence manufacturing ecosystem. He announced that production of AK-203 rifles will soon begin at a factory in Uttar Pradesh in collaboration with Russia.
"Every product that can be made in India should be made in India. We must increase investments in research and innovation," Modi asserted, calling for a stronger "Made in India" ecosystem.
India as an Attractive Investment Destination
Inviting global investors, Modi pointed out that despite geopolitical challenges and global uncertainty, India remains one of the most attractive growth destinations in the world. He said that the government's policy stability, structural reforms, and expanding domestic market make India a preferred hub for investment.
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