PM underscores the transformative impact of the latest GST reforms on India’s manufacturing sector

PM underscores the transformative impact of the latest GST reforms on India’s manufacturing sector

Prime Minister Shri Narendra Modi today underscored the transformative impact of the latest GST reforms on India’s manufacturing sector. The #NextGenGST initiative introduces simplified tax slabs, streamlined digital compliance, and cost efficiencies that are set to significantly boost domestic production and competitiveness.

Responding to a post by Shri Prakash Dadlani on X, Shri Modi said:

“#NextGenGST is a game-changer for manufacturers. Lower input costs with simplified slabs of 5% & 18%, faster digital compliance and rising demand will give a big boost to ‘Made in India’ products.”

#NextGenGST is a game-changer for manufacturers. Lower input costs with simplified slabs of 5% & 18%, faster digital compliance and rising demand will give a big boost to ‘Made in India’ products. https://t.co/rjwgapgvhf