Andhra Pradesh Supports GST Reforms Targeting Economic Revival and Consumer Welfare
The Andhra Pradesh government, led by N Chandrababu Naidu, supports GST reforms proposed by the Centre aimed at benefiting the poorest citizens. Finance Minister P Keshav highlighted the initiatives will help reduce household costs and revive the economy through rationalized tax rates and simplified compliance.
- Country:
- India
The Andhra Pradesh government, spearheaded by Chief Minister N Chandrababu Naidu, has shown robust support for the Centre's proposed GST reforms. These reforms represent significant advancements aimed at benefiting the poorest sections of society, as conveyed by Finance Minister P Keshav during a recent council meeting.
Minister Keshav attended the 56th GST Council meeting in New Delhi, aligning his support with Prime Minister Narendra Modi's intentions to rationalize tax rates for consumer-friendly outcomes. The reforms promise to lower household expenditures and extend relief to impoverished citizens, he affirmed in a TDP statement.
The reforms, welcomed by the TDP-led NDA government, aim to revive India's economy while ensuring tax rates are made more consumer-friendly. The proposed changes will focus on food, education, health, steel, cement, and textiles, thereby reducing compliance burdens for GST stakeholders.
(With inputs from agencies.)
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