Prime Minister Narendra Modi said on Thursday that GST will continue to improve and with the strengthening of the economy, the tax burden on citizens will be reduced further. Modi emphasized that at present there is a strong will for reforms in the country, which is supported by democratic and political stability as well as policy forecasting.
Earlier this month, India implemented the next generation reforms in GST. Modi said that structural reforms in the Goods and Services Tax (GST) will give a new flight to the development saga of the country. Addressing the people present after inaugurating the Uttar Pradesh International Trade Show 2025, Modi said that his government has made a significant reduction in taxes, has curbed inflation and has increased the income and savings of the people.
He said that by taxing the income of up to Rs 12 lakh and implementing new GST reforms, citizens will save Rs 2.5 lakh crore alone.
He said, “Today the country is celebrating ‘GST Savings Festival’ with pride. I want to tell you that we are not going to stop here. In 2017, we brought GST … and then in 2025 again (improvement). We will strengthen the economy further. As the economy will increase, the tax burden will continue to decrease. The blessings of the citizens will continue to improve GST.”
The Prime Minister also accused the opposition parties of spreading lies to hide their governance failures and said that excessive taxation was burdened with common citizens during the Congress rule. “Poor, new middle class and middle class all have benefited from increased savings (due to IT profit and GST reforms). Despite this, some political parties are trying to confuse people. Lying to people for. “
Modi said, “The truth is that ‘tax loot’ was done during the Congress -led governments. The common citizens of the country were upset due to heavy taxes. Our government has reduced the burden of taxes largely and reduced inflation.” He also emphasized that India is moving towards its goal of becoming a developed nation by 2047. “Despite global disruption and uncertainty, India’s growth remains attractive,” he said. He further stated that disruption does not wander India – rather they reveal new directions. He said that in the midst of these challenges, India is laying a strong foundation for the coming decades. He reiterated that the resolution and guide mantra of the nation is self -sufficient India.
Emphasizing on not having any more helplessness than dependence on others, Modi said that in the changing world, the more a country depends on others, the more its development is affected. “India will have to become self -reliant. Every product made in India should be produced in India.” He called upon the entrepreneurs, traders and neo -renewed to create such business models from the entrepreneurs, traders and neo -renewed to prepare such business models which further said that the government said that the government said that the government said that the government said. ‘Make in India’ is focusing strongly on promoting domestic manufacturing, and talked about the approach to producing everything from chips to ships within the country.
The government is continuously working to increase ease in business and it has been highlighted that more than 40,000 compliances have been abolished, and hundreds of rules, due to which legal cases were reported due to small commercial errors, they have been relieved of crime. He said that now every Indian has joined indigenous and wants to buy local products. He said that he is a feeling of pride in the whole country. ” And called upon the traders to adopt this mantra and give priority to the products made in India.
Modi said, “The truth is that ‘tax loot’ was done during the Congress -led governments. The common citizens of the country were upset due to heavy taxes. Our government has reduced the burden of taxes largely and reduced inflation.” He also emphasized that India is moving towards its goal of becoming a developed nation by 2047. “Despite global disruption and uncertainty, India’s growth remains attractive,” he said. He further stated that disruptions do not wander India – rather they reveal new directions.
He said that in the midst of these challenges, India is laying a strong foundation for decades to come. He reiterated that the resolution and guiding mantra of the nation is self -sufficient India. Emphasizing no more helplessness than dependence on others, Modi said that in the changing world, as much as any country depends on others, its development is affected. “He said,” India has to become self -reliant, “India has to become self -sufficient. Should. “He called upon the entrepreneurs, traders and new -in -laws present in the program to create such business models that strengthen India’s self -sufficiency.
In his address, Modi also discussed the progress being made by Uttar Pradesh in various fields. He said that the state is full of extraordinary investment possibilities. He said that Uttar Pradesh now has the most expressways in the country, it is a pioneer in the number of international airports, and about 55 percent of all mobile phones made in the country is contributed to about 55 percent in Uttar Pradesh. He said that he said that the Uttar Pradesh Semacist area will also strengthen India’s self -sufficiency, where he will also strengthen India’s self -sufficiency, where he will also strengthen India’s self -sufficiency, where he will also strengthen the operation of a major semocover facility. They want indigenous solutions and their goal is to reduce external dependence.
