Highlights

  • GST simplified to 5% and 18% slabs nationwide
  • Reform to boost jobs, consumption, and business confidence
  • Yogi thanks PM Modi, FM Sitharaman for visionary step

Latest news

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

UP CM Yogi Adityanath hails GST reform as a milestone towards Swadeshi and self-reliance

CM Yogi Adityanath hailed the new GST reform as a transformative move, simplifying tax into two slabs, boosting jobs, consumption, and business confidence, while thanking PM Modi and FM Sitharaman for their visionary leadership.

UP CM Yogi Adityanath hails GST reform as a milestone towards Swadeshi and self-reliance

Uttar Pradesh Chief Minister Yogi Adityanath has welcomed the landmark decision on GST reform, expressing gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for what he described as visionary leadership.

He said the reform marks the beginning of a new chapter in India’s tax system.

“The Next Generation GST Reform, announced by the Prime Minister on Independence Day, is now becoming a reality. This is not merely a tax reform, but a decisive step towards positioning India as a leading global economy with a high growth trajectory,” the Chief Minister said.

Yogi Adityanath underlined that the reform would boost the spirit of Swadeshi and self-reliance while driving demand across sectors such as automobiles, consumer durables, and construction, thereby creating lakhs of jobs.

Under the new framework, GST has been simplified into two slabs—5% and 18%. Essential commodities will remain under the 5% category, while a limited set of luxury items will attract up to 40% tax. Food, medicines, and educational materials placed in the 0–5% bracket are expected to reduce household expenditure, improve purchasing power for middle- and lower-income families, and stimulate consumption.

The Chief Minister said the reform will not only simplify taxation but also accelerate India’s growth story, helping the country progress toward becoming a global economic powerhouse.

CM Yogi added, "This reform will empower farmers, women, youth, MSMEs, and small traders alike. Provisions such as faster refunds and easier registration will provide strong support to small entrepreneurs and startups, further elevating the Ease of Doing Business in India."

He also highlighted that resolving the inverted duty structure, addressing classification disputes, and ensuring a transparent tax regime would strengthen business confidence. With consensus achieved between the Centre and states, he said, the reform is both comprehensive and widely acceptable.

Pointing to economic progress under the current government, Yogi Adityanath noted that wholesale inflation has been reduced to below 2% in recent years. He said the new GST reforms will accelerate demand and consumption, making the economy stronger, more stable, and more inclusive.

On behalf of Uttar Pradesh’s 25 crore citizens, the Chief Minister expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for what he called an “unprecedented and revolutionary decision.”

ADVERTISEMENT

Up Next

UP CM Yogi Adityanath hails GST reform as a milestone towards Swadeshi and self-reliance

UP CM Yogi Adityanath hails GST reform as a milestone towards Swadeshi and self-reliance

At least 15 dead as fire rips through Lucknow building, students among victims

At least 15 dead as fire rips through Lucknow building, students among victims

Noida protest: Akhilesh asks UP CM to step down if unable to manage state after 'conspiracy' remark

Noida protest: Akhilesh asks UP CM to step down if unable to manage state after 'conspiracy' remark

Factory workers' protest over wage hike turns violent in Noida, commuters stranded

Factory workers' protest over wage hike turns violent in Noida, commuters stranded

CM Yogi Adityanath signed Rs 1.5 lakh cr worth deals on Singapore-Japan visit: UP Govt

CM Yogi Adityanath signed Rs 1.5 lakh cr worth deals on Singapore-Japan visit: UP Govt

Meerut Metro to become India's fastest, to run at 120 kmph

Meerut Metro to become India's fastest, to run at 120 kmph

ADVERTISEMENT

editorji-whatsApp

More videos

PM Modi to lay stone of north India's first semiconductor unit, open Namo Bharat corridor in UP next week

PM Modi to lay stone of north India's first semiconductor unit, open Namo Bharat corridor in UP next week

Tobacco baron's son Shivam Mishra arrested in Kanpur Lamborghini crash case

Tobacco baron's son Shivam Mishra arrested in Kanpur Lamborghini crash case

UP Budget 2026-27: Rs 150 cr for Ayodhya infra, Rs 500 for CM tourism development scheme

UP Budget 2026-27: Rs 150 cr for Ayodhya infra, Rs 500 for CM tourism development scheme

UP has moved from 'policy paralysis' to a land of 'unlimited potential' in 9 years: CM Yogi

UP has moved from 'policy paralysis' to a land of 'unlimited potential' in 9 years: CM Yogi

UP Budget 2026-27 earmarks Rs 27,103 crore for infra, 5-fold hike for textiles

UP Budget 2026-27 earmarks Rs 27,103 crore for infra, 5-fold hike for textiles

UP Budget: Employment generation, youth empowerment, key focus areas

UP Budget: Employment generation, youth empowerment, key focus areas

UP Budget 2026-27: Push for women empowerment, police infra in pre-poll outlay

UP Budget 2026-27: Push for women empowerment, police infra in pre-poll outlay

UP presents Rs 9.13 lakh crore Budget for 2026-27, outlay up 12.2 pc

UP presents Rs 9.13 lakh crore Budget for 2026-27, outlay up 12.2 pc

Kanpur Lamborghini crash: Lawyer says Mishra wasn't driving; police counter with CCTV, witnesses

Kanpur Lamborghini crash: Lawyer says Mishra wasn't driving; police counter with CCTV, witnesses

UP CM Adityanath urges children to stay away from Chinese kite string, excessive mobile use

UP CM Adityanath urges children to stay away from Chinese kite string, excessive mobile use

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.