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Uttar Pradesh Chief Minister Shri Yogi Adityanath hailed the Centre's new GST reforms as a "next-generation tax revolution," thanking Prime Minister Shri Narendra Modi and Finance Minister Smt Nirmala Sitharaman for the rate cuts. The simplified two-slab system of 5% and 18% is expected to lower household costs, boost purchasing power, and strengthen self-reliance. Essential items like food, medicines, and education materials will now attract 0-5% GST, while luxury goods face 40%. Deputy CMs Keshav Prasad Maurya and Brajesh Pathak praised the reforms, calling them transformative. Industry leaders and academics also welcomed the move, citing benefits for exporters, entrepreneurship, job creation, and overall economic growth.
Uttar Pradesh Chief Minister Shri Yogi Adityanath praised the Centre's recent Goods and Services Tax (GST) reforms, describing them as a "next-generation tax revolution." He thanked Prime Minister Shri Narendra Modi and Finance Minister Smt Nirmala Sitharaman for implementing the GST rate cuts, noting that the two-slab system of 5 per cent and 18 per cent would reduce household expenses, enhance purchasing power, and accelerate India's path toward self-reliance. Advertisement
Under the new structure, essential items such as food, medicines, and educational materials will attract GST rates of 0 to 5 per cent, while luxury goods will face a 40 per cent tax. Deputy Chief Ministers Keshav Prasad Maurya and Brajesh Pathak also welcomed the reforms. Maurya said the move simplifies life for India?s 1.4 billion citizens, while Pathak described it as a "Navratri gift" to the country.
Former Aligarh Muslim University vice-chancellor and Member of the Legislative Council Tariq Mansoor highlighted that the reforms would simplify business processes, boost entrepreneurship, and generate jobs. Business leaders supported the decision, with Anjani Kumar Pandey of Omaxe Limited commending the government's "visionary leadership" and focus on ease of doing business, and Yawar Ali Shah of AMA Herbal noting that the move would aid exporters, increase disposable income, and strengthen the economy in upcoming quarters.
Source- PTI
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