What gift will PM Modi give to the countrymen this Diwali? He made the announcement from the ramparts of the Red Fort..

When Prime Minister Narendra Modi was addressing the country from the ramparts of the Red Fort on Friday, 15 August, all eyes were on his new announcement. PM Modi did not disappoint crores of countrymen and announced the gift for the upcoming Diwali from the ramparts of the Red Fort itself. He said that this time on Diwali, the government is going to take a big step for the common man. Businessmen will also benefit from this.

PM Modi said that this time around Diwali, next-generation GST forms will be issued, removing the difficulties of GST returns for businessmen. This will not only make it easier for businessmen to file returns, but it will also be easy for them to get refunds. Along with a huge reduction in tax for common people, small businessmen will also be given their benefit. PM Modi said that the changes in GST will make everyday things cheaper and the economy will get a boost.

What will change in GST?

PM Modi said that since the implementation of GST, more than 40 thousand compliances have been eliminated, which were not needed. He said that more than 280 sections have also been eliminated in the Income Tax Bill. Now we have decided to form a task force for the next generation reform. This will benefit small businessmen the most. It will make it easier for them to file returns and get refunds.

Every day, things will become cheaper.

PM Modi said that the common man will also be given a big gift by Diwali. For this, there is a preparation to reduce GST rates. After the reduction in GST rates, many everyday things will become cheaper. It is worth noting that earlier, the GST Council had also proposed to reduce GST rates on 12 percent and 18 percent goods. Now, after PM Modi's announcement, the way will open for many things to become cheaper.

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