GST Reforms Spark 'Wave of Happiness' Amid Lower Taxes

The recent reduction in GST rates has ignited widespread approval, according to BJP leaders, who claim it marks the start of a 'wave of happiness' among citizens. This comes in contrast to the Congress's past tax policies, which imposed much higher rates on various products.

Union Minister Ashwini Vaishnaw led the rebuttal against Congress's 'Gabbar Singh Tax' critique of GST reforms. He highlighted how tax rates on essential items like cement and sanitary pads have been significantly reduced from the figures during the UPA government's tenure, sparking a 'saving festival.'

The business community reportedly passes these benefits to consumers, with Prime Minister Narendra Modi emphasizing the unified tax regime's success. The government expects these reforms to boost consumption, investment, and overall GDP growth, positively impacting sectors including agriculture.

(With inputs from agencies.)