Prime Minister Narendra Modi has instructed MPs from the ruling NDA alliance to actively promote the upcoming GST 2.0 reforms and the Make in India initiative. The simplified GST 2.0, launching on September 22, will feature two main tax slabs (5% and 18%) and aims to ease the tax burden on households, farmers, and the middle class. MPs are also tasked with organising fairs and exhibitions to boost the purchase of Indian-made products and support local businesses.
Prime Minister Narendra Modi on Monday called upon MPs from the ruling NDA alliance to actively promote the government's latest round of GST reforms and the Make in India initiative by directly engaging with citizens, traders and shopkeepers in their constituencies.
Focus on GST 2.0 Rollout
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FAQ :
The simplified GST 2.0 framework is set to take effect from September 22.
GST 2.0 will introduce two primary tax slabs: 5% and 18%.
The reforms aim to ease the tax burden on households, farmers, and the middle class, promote economic growth, improve affordability, and stimulate demand.
MPs are encouraged to organise indigenous fairs between Navratri and Diwali, highlight local artisans and small enterprises, and conduct sector-based exhibitions under the theme 'Say with pride, this is Swadeshi'.
The restructured GST system is expected to lower tax burdens, increase household savings, and reduce farming costs.
PM Modi postponed the dinner due to the severe floods in Punjab and other affected states, expressing solidarity with those in distress.