Guwahati, Sep 4 (PTI) – The Chief Minister of Assam, Himanta Biswa Sarma, expressed his gratitude to Prime Minister Narendra Modi for implementing a significant reform in the country's Goods and Services Tax (GST) structure.
On Wednesday evening, the GST Council approved a comprehensive overhaul of the GST regime, setting the tax slabs at 5 percent and 18 percent, effective September 22.
"Assam extends heartfelt gratitude to Hon’ble Prime Minister Shri @narendramodi Ji for ushering in one of the most consequential reforms in India’s GST structure, and to the GST Council for ensuring these changes see the light of day," Sarma stated in a post on X.
According to Sarma, the new GST regime will act as a "super booster" for the Indian economy. It is anticipated to bring agility to small and medium businesses, spur job creation, drive consumption, and "most importantly, leave more money in the hands of our people."
“Having closely followed the evolution of GST over the last 8 years, particularly during my tenure as Assam’s Finance Minister, I see this as a defining moment.”
“India’s ability to successfully implement GST and also to adapt and reform—when required—is a shining testament to the Modi Government’s firm yet flexible approach to governance,” he added.
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