Stay tuned for the latest Telugu News updates, Celebrity news, and political happenings from Andhra Pradesh, Telangana, and across India. Stay updated with the latest news at 🌐 https://telugu.asianetnews.com🗞️
00:49And we've ensured that there will be stability and predictability about the GSD.
00:57Great rationalization, of course.
00:59We've reduced the slabs.
01:00There shall be only two slabs.
01:02And we are addressing also the issues of compensation, says.
01:07Ease of living, simplifying registration, return filing, and reforts.
01:11I'm not getting into greater details.
01:13You'll get to know about it.
01:14But then these reforms have been carried out with a focus on the common man.
01:23Every tax levied on common man's daily use items have gone through a rigorous looking into.
01:31And in most cases, the rates have come down drastically.
01:35Labor-intensive industries have been given a good support.
01:38Farmers and agriculture as a whole will also benefit by the decisions we have taken today.
01:46Health-related also will benefit.
01:50So, the key drivers of economy have been given a prominence.
01:54And much before I get into the details, I want to thank every member of the GSD Council.
02:02Every finance minister who attended the GSD Council today.
02:06There was no absence.
02:08Everyone was present.
02:10We've had a day-long intense discussion.
02:14But I'm grateful to each one of them.
02:17At the end of the day, they said,
02:20We're all together for the sake of the common man.
02:23We're all together for the GSD Council.
02:25We're all together for the GSD Council.
02:26We're all together for the GSD Council.
02:27We're all together for the GSD Council.
02:29We're all together for the GSD Council.
02:30We're all together for the GSD Council.
02:32We're all together for the GSD Council.
02:34We're all together for the GSD Council.
02:35We're all together for the GSD Council.
02:38We're all together for the GSD Council.
02:41We're all together for the GSD Council.
02:42We're all together for the GSD Council.
02:43We're all together for the GSD Council.
02:46We're all together for the GSD Council.
02:49We're all together for the GSD Council.
03:19He worked very hard with all of them. Samrath Chaudhry ji worked on the rate rationalization. And not only the chair, but the members of each of these GOM have worked very hard. I am absolutely appreciative of every one of the ministers.
03:38There is also, of course, trade facilitation measures and process reform.
03:53There is also an advantage. Enhanced verification measures, which are aimed at curbing fraud, have led to complex documentation.
04:08Usko bhi simplify karne ka aur data analysis waghira hai. Process reform ke oopar mein vistar se aapke question answer ke samayi mein javaab doongi.
04:20Magar, primarily, I am sure all your interest is to know where is what, which one comes down in rate.
04:28Usmei ek just indicate karte huye, I will stop my input. If revenue secretary has anything more, he can add. Uske baal aapke question answer karte huye, hum baaki sabko cover kareenge.
04:44Common man and middle class items mei, there is a complete reduction. Reduction from 18 or from 12 to 5%.
04:58I list out those items. All of whom have come to 5% from either 18 or from 12. Common man items such as hair oil, toilet soap, bars, soap bars, shampoos, toothbrushes, toothpaste, bicycles, tableware, kitchenware and other household articles have all come to 5.
05:20Whether they were in 18 or whether they were in 18 or whether they were in 12. Similarly, reduction of GST from 5% to nil, paan se 0 mei jane wale items indicate kar rao hon.
05:34Ultra high temperature milk, the UHT milk, chena or paneer, all the Indian breads will see nil rate. So roti kisi ke oopar bhi, chapati or roti or paratha or whatever it is, they all come to nil.
05:53Reduction of GST from 12% or from 18% to 5.
05:59Reduction of GST from 12% to 18%.
06:03Reduction of GST from 28% to 18%.
06:19Reduction of GST from 12% to 18% to 18%.
06:25Air conditioning machines, TVs which are over 32 inches, all TVs now at 18%.
06:36I want to underline all TVs are now at 18%.
06:42Dishwashing machines, small cars, motorcycles equal to or less than 350 cc are all now coming to 18%.
06:53Agriculture goods such as tractors, agricultural, horticultural and forestry machines for soil preparation or cultivation, harvesting or threshing machines,
07:04including straw or fodder balers, grass or hay movers, composting machines, etc.
07:12are all coming down from 12% to 5%.
07:16Reduction of GST from 12% to 5% on 12 specified biopesticides.
07:24Also from 12% to 5% is natural menthol.
07:30So kisaan ke liye, unke products ke liye, jo wo upyog kerte hain, un sab mein, it has come down.
07:36Again from 12% to 5%, handicrafts and also labor intensive sectors.
Be the first to comment