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Key Points

Haryana Chief Minister Nayab Singh Saini has strongly endorsed the recent GST Council decisions. He emphasized how these reforms align with PM Modi's vision of 'One Nation, One Tax, One Market'. The changes include eliminating GST on essential food items and reducing taxes on agricultural tools and medicines. These measures aim to curb inflation and provide significant relief to both businesses and common citizens.

Key Points: Haryana CM Nayab Singh Saini Hails Modi GST Reforms as Historic

  • GST exemption on daily food items like roti and paratha
  • Agricultural tool tax slashed from 12% to 5% to support farmers
  • Life-saving medicines and health insurance now at zero percent GST
  • Solar equipment and tractor parts see significant tax reductions
2 min read

Will strengthen the vision of 'One Nation, One Tax, One Market, Haryana CM hails GST reforms

Haryana CM Nayab Singh Saini praises GST Council's tax cuts on food, farm tools, and medicines under PM Modi's guidance, calling them inflation-curbing reforms.

"Under the guidance of Prime Minister Narendra Modi, the 56th GST Council meeting made historic decisions - Nayab Singh Saini"

Chandigarh, September 6

Haryana Chief Minister Nayab Singh Saini on Saturday hailed the "historic" decisions taken at the 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, under the guidance of Prime Minister Narendra Modi.

Speaking at a press conference, Saini said the reforms align with the vision of 'One Nation, One Tax, One Market,' aimed at reducing classification.

"Under the guidance of Prime Minister Narendra Modi, the 56th GST Council meeting made historic decisions. These steps strengthen the vision of 'One Nation, One Tax, One Market,' reducing classification disputes and litigation for taxpayers. I warmly welcome the reforms introduced during the GST Council meeting, chaired by our Finance Minister, Nirmala Sitharaman," he said.

The Chief Minister said that GST Council has exempted GST on daily food items like roti and paratha, reducing the tax rate to "zero."

"These changes will help curb inflation and provide relief to those in need. It is for the first time, both industrialists and the common public have appreciated and embraced these reforms. The Council has also decided to exempt GST on daily food items like roti and paratha, bringing the tax rate to zero," he added.

Additionally, Saini noted that the GST on agricultural tools, including irrigation and ploughing machinery, as well as pesticides, has been slashed from 12% to 5%.

"This move will support our traditional food businesses and boost Haryana's food processing sector. Additionally, the GST on agricultural tools like Irrigation and ploughing machinery equipment, as well as pesticides, has been reduced from 12% to 5% GST. There is also reduction in tax rate on tractors and tractor parts and also Solar energy equipment also cheaper"

Nayab Singh further stated that, "We have reduced the GST on essential life-saving medicines and life and health insurance to zero percent."

He elaborated, "The GST on life-saving medicines has been brought down from 12% to zero, while medical devices will now attract a reduced GST rate of 5%. Additionally, the GST on life and health insurance has been slashed from 18% to zero, ensuring greater affordability and access to critical healthcare services for the people."

- ANI

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Reader Comments

P
Priya S
Reducing GST on agricultural tools and medicines is a welcome step. Farmers and patients really need this relief. Hope the benefits reach the actual beneficiaries and not just remain on paper.
A
Aman W
While these reforms look good, I hope the government ensures proper implementation. Last time when GST rates were reduced, many businesses didn't pass on the benefits to consumers. Need strict monitoring!
S
Sarah B
As someone working in healthcare, the reduction on life-saving medicines and medical devices is huge! This will make treatment more affordable for many families. Great decision by GST Council 👏
V
Vikram M
One Nation One Tax is finally showing its benefits! The simplification and rationalization of GST rates will boost both manufacturing and consumption. Good for economy overall 💪
N
Nisha Z
Hope the zero GST on food items applies to packaged foods too. Many companies charge GST on ready-to-eat rotis and parathas. Clarification needed on this aspect!
M
Michael C
The reduction in solar equipment GST is fantastic! This will encourage more people to adopt renewable energy. Combined with agricultural benefits, this is a well-rounded reform package.

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