“We are not going to stop here… As the economy strengthens further, the tax burden will keep going down… With countrymen’s blessings, reforms in GST will continue,” the Prime Minister stated
By PTI
Upgraded -September 25, 2025 at 12:12 PM.
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Greater Noida, Sep 25
Prime Minister Narendra Modi resolves the event throughout the inauguration of’Uttar Pradesh International Trade Show 2025 ‘, in Greater Noida, Gautam Buddha Nagar district.|Image Credit: @NarendraModi through PTI Photo
Prime Minister Narendra Modi on Thursday stated tax concern on individuals will reduce even more as India’s economy acquires more strength and asserted that reforms in GST are a continuous procedure.
Resolving the event after inaugurating the UP International Trade Show (UPITS) here, Modi stated that current structural reforms in GST are set to provide brand-new wings to India’s development story and cause higher cost savings for individuals.
He mentioned that the federal government presented reforms in the indirect tax program by carrying out GST in 2017, a substantial action towards reinforcing the economy, followed by additional reforms in September of this year.
“We are not going to stop here… As the economy strengthens further, the tax burden will keep going down… With countrymen’s blessings, reforms in GST will continue,” the Prime Minister stated.
He highlighted the steps taken by the federal government, consisting of no earnings tax on people making approximately Rs 12 lakh each year and the GST 2.0 reforms, and mentioned that these efforts will lead to more cost savings in the hands of individuals.
Modi even more stated the nation is establishing a lively defence sector, developing a community where every element bears the mark of ‘Made in India.’
Production of the AK-203 rifles will quickly start in a factory established in Uttar Pradesh, in partnership with Russia, he stated.
Modi stressed that India needs to end up being self-reliant and required increasing financial investment in research study and development. Every item that can be made in India ought to be made in India, stated the Prime Minister.
Welcoming international financial investments, Modi stated, in spite of geopolitical disturbances and unpredictability, India’s development stays appealing.
Released on September 25, 2025
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By PTI