In Independence Day Speech, PM Modi Pledges ‘Big Gift’ for Indians This Diwali
The overhaul will focus on rationalising tax slabs and lowering GST rates on essential and everyday items, aimed at easing household expenses and boosting consumption.
“By this Diwali, you will see a simplified GST structure that makes life easier for the common man and strengthens our economy,” Modi said, adding that the changes would also improve compliance and transparency.
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