The BJP is set to launch a nationwide ‘GST Savings Festival’ from September 22nd to September 29th. The campaign will involve MPs undertaking foot marches in local markets within their constituencies. Prime Minister Narendra Modi, in a recent address, highlighted the GST reforms and their role in establishing ‘One Nation, One Tax.’ He also announced the upcoming implementation of next-generation GST reforms.
The Prime Minister emphasized that the GST Savings Festival would lead to increased savings and make it easier for people to purchase their preferred items. He anticipates that this festival will benefit the poor, middle class, youth, farmers, women, shopkeepers, traders, and entrepreneurs. He extended his best wishes to every family in the country on this occasion.
The 56th GST Council meeting earlier this month agreed to rationalize GST rates, combining the 12% and 28% rates into two slabs: 5% and 18%.