• Source:JND

Prime Minister Narendra Modi on Thursday launched a scathing attack on the Congress after the Centre's proposal of a two-slab GST system was approved by the GST Council.

He made these remarks during an interaction with the National Teacher Awardees. PM Modi said, "No one can forget how the Congress government had increased your monthly budget... They used to levy a 21% tax even on toffees for children. If Modi had done this, they would have pulled my hair out."

He added that the previous Congress governments imposed high taxes on kitchen items and items related to farming and on medicines.

The prime minister said that GST 2.0, the latest reform, is a double dose of support and growth for the nation. Lauding the reforms, he said that the new rates will come into effect on the first day of Navratri, September 22. He said, "GST has become even simpler, new rates of 5 per cent and 18 per cent will become effective from first day of Navratri."

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Calling GST as one of the biggest economic reform, PM Modia said, "These reforms are a double dose of support and growth for the country. On one hand, common people of the country will save money, and on the other hand, the country's economy will be strengthened..."

"When GST was implemented eight years ago, the dream of many decades came true. This discussion did not start after Modi became the Prime Minister. These discussions used to happen before as well, but no work was ever done", he added.

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PM lists five gems of GST reforms

PM Modi also listed five benefits of the reforms, calling them five gems. He said, "Summarising the reforms done in GST, it will add five gems to the Indian economy. First, the tax stream will be simpler. The quality of life of the citizens of India will increase, consumption and growth will increase, the ease of doing business will boost investment and employment, and cooperative federalism will become stronger for a developed India."