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BJP leaders congratulate Modi, Jaitley for GST rate cuts

Press Trust of India 

Senior leaders today congratulated Prime Minister Modi and Minister for recent rate cuts, saying it lays a sound foundation for a new

Union Minister Prakash Javadekar said the BJP-led was the "most sensitive" towards people and their ambitions.

"The poorest people are the central point of our policy- making. The recent slashing of rates have been welcomed by all, especially the trades," he said.

He said the decision was taken by the prime minister and the minister on the feedback given by chief Amit Shah.

Union minister and leader said that the slashing of rates proves that the makes decision based on the feedback received from the people.

"I thank both prime minister and minister for taking these long-lasting reforms which will benefit the generations to come and will lay a strong foundation for a new India," he said.

In its meeting yesterday, the cut the tax rates on over 200 items, to provide relief to consumers and businesses amid economic slowdown.

As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 11 2017. 22:57 IST