Recommendations of GST Council will benefit people: PM

November 10, 2017 23:42

Prime Minister Narendra Modi today said the recommendations made by the GST Council will further benefit the people and add strength to the tax regime.

Modi also said public participation was at the core of the government's functioning and that all its decisions were "people-friendly and people-centric".

"The recommendations made by the GST Council today will further benefit our citizens and add strength to the GST. These recommendations are in spirit of the continuous feedback we are getting from various stakeholders on GST," he said on Twitter.

The prime minister stressed that the government was working "tirelessly" for the country's economic integration.

In the biggest GST rejig yet, tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wrist watches, were today cut to provide relief to consumers and businesses amid economic slowdown.

The Council met in Assam's Guwahati earlier in the day.

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC, Finance Minister Arun Jaitley said after the GST Council meeting.

Currently, 12 per cent GST on food bill is levied in non-AC restaurants and 18 per cent in the air-conditioned ones. All these got input tax credit, a facility to set off tax paid on inputs with final tax.

The GST, implemented from July 1, has five tax slabs of 0 per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent. -- PTI

« Back to LIVE

TOP STORIES

Jolt to MVA as Cong leader quits campaigning over no Muslim LS candidate

In a letter to Kharge, Khan said he will not campaign for party candidates for the remaining phases of the Lok Sabha polls and is also resigning from the state Congress campaign committee.

NIA chargesheets 14th accused in 2022 Coimbatore car bomb case

Naseer and his associates had conspired to wage war against the government of India and also to kill Indians in order to destabilise the country and create communal disharmony, it said.

India's Biggest Bow Arch String Girder

Glimpses of India's biggest Bowstring/Bow Arch Sting Girder installed by the Hindustan Construction Company on the Bandra-Worli Sea Link at 3.25 am, Friday, April 26, 2024.

IPL PIX: Punjab Kings beat KKR in record chase

IMAGES from the Indian Premier League match played between Kolkata Knight Riders and Punjab Kings in Kolkata on Friday.

'Stats are going out of the window'

'Very pleasing. Most importantly the win, cricket has turned to baseball isn't it? We're delighted with the two points.'