Tarun Karthick
Sri Vijaya Puram, 05 September 2025
Mr. Anil Kumar Tiwari, State President of the Bharatiya Janata Party (BJP), Andaman and Nicobar Islands, has welcomed the following technology Goods and Services Tax (GST) reforms just lately introduced by the Central Government.
Mr. Tiwari expressed gratitude to Prime Minister Narendra Modi for fulfilling the reassurance made in his Independence Day tackle and likewise thanked Union Finance Minister Nirmala Sitharaman for spearheading the transfer to rationalise the tax system.
According to Mr. Tiwari, the reforms will result in a big discount within the costs of family necessities, packaged meals gadgets, digital merchandise, and medicines, amongst different items, whereas additionally giving a fillip to financial development.
The new construction replaces the present four-tier GST regime with a two-tier system — a typical charge of 18% and a concessional charge of 5%, together with a 40% demerit charge for luxurious gadgets.
“This next generation GST reform, coming during the festive season, will boost the purchasing power of the common man, drive local consumption, and improve affordability and accessibility of products previously out of reach for poor families,” Mr. Tiwari mentioned.
