JAMMU, Aug. 20 -- Senior BJP leader Dr. Parneesh Mahajan today welcomed Prime Minister Narendra Modi's announcement on reducing Goods and Services Tax (GST) rates and simplifying the tax structure, describing it as a "major reform" that will benefit both businesses and consumers.
In a statement issued today, Dr. Parneesh said, "PM Modi's announcement about reducing GST rates and simplifying the tax system is highly welcome. This step toward tax simplification will, in the coming days, greatly benefit traders, farmers, and consumers."
Recalling the introduction of GST five years ago under the motto "one nation, one tax," Dr. Parneesh noted that the system was designed to create a uniform and simplified taxation regime.
However, over the y...