PM Modi Hails GST Council for Approving Rate Cuts & Reforms Benefiting Common Man and Businesses



Quick Summary
Prime Minister Narendra Modi has lauded the GST Council for its collective agreement on proposed GST rate cuts and reforms. These changes, submitted by the Union Government, are set to benefit a wide range of people including the common man, farmers, MSMEs, the middle class, women, and the youth. The Prime Minister highlighted that these 'next-generation' reforms aim to simplify living for citizens and enhance the ease of doing business, particularly for small traders.

Prime Minister hails the GST Council for collectively agreeing to the proposals submitted by the Union Government on GST rate cuts & reforms, which will benefit the common man, farmers, MSMEs, middle-class, women and youth

GST Council Approves Rate Cuts and Reforms for Common Man

The Prime Minister Shri Narendra Modi has expressed his happiness that the GST Council, comprising the Union and the States, has collectively agreed to the proposals submitted by the Union Government on GST rate cuts & reforms, which will benefit the common man, farmers, MSMEs, middle-class, women and youth. "The wide ranging reforms will improve lives of our citizens and ensure ease of doing business for all, especially small traders and businesses", Shri Modi stated.

The Prime Minister posted on X:

"During my Independence Day Speech, I had spoken about our intention to bring the Next-Generation reforms in GST.

The Union Government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and strengthening the economy.

Glad to state that @GST_Council, comprising the Union and the States, has collectively agreed to the proposals submitted by the Union Government on GST rate cuts & reforms, which will benefit the common man, farmers, MSMEs, middle-class, women and youth.

The wide ranging reforms will improve lives of our citizens and ensure ease of doing business for all, especially small traders and businesses."

FAQ :

The GST Council has collectively agreed to proposals for GST rate cuts and reforms submitted by the Union Government.

These changes are expected to benefit the common man, farmers, MSMEs, the middle class, women, and youth.

The reforms aim to improve the lives of citizens and ensure ease of doing business for all, especially small traders and businesses.

PM Modi stated that these 'next-generation' reforms in GST were intended to simplify living for the common man and strengthen the economy.

The GST Council comprises the Union and the States.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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