Prime Minister Modi today made a big announcement from the ramparts of the Red Fort and said that this time people will get a double Diwali gift on Diwali. The Prime Minister said, in the last 8 years, we have made a big improvement in GST. The tax burden has been reduced across the country. PM Modi said, ‘We have simplified the tax system. In the last eight years, we have made a major improvement in GST and reduced tax burden across the country. We are improving the next generation GST.
PM Modi said, ‘After 8 years, there is a demand of time that it should be reviewed, after which we formed a high -level review committee and started the review. We also consulted the states. We are improving the next generation GST. These will be a Diwali gift for you. There will be a huge reduction in tax on the needs of the common man. Our MSME, our small industries will get a huge benefit and everyday things will become very cheap. This is also going to give new pace to the economy.
Big announcement about semiconductor
Earlier, Prime Minister Modi, referring to the semiconductor, said, “Today we are free from that burden and are working in mission mode on the semiconductor. 6 new semiconductor units have been set up and 4 have been green. By the end of this year, ‘Made in India Chips’ will be available in the market. It will be a new era of India’s technical power.”