GST Revolution Ahead: Experts Decode PM Modi's Plan To Simplify India's Tax Structure
/ Aug 16, 2025, 12:27PM IST
Prime Minister Narendra Modi's Independence Day promise of next-generation GST reforms has triggered strong expert responses. Economist Ved Jain highlights that after eight years, India is ready to move from multiple slabs to a simpler two or three-rate system. Former CBEC Chairman Najib Shah says merging current slabs could free up consumer spending and fuel demand. Pankaj Mohindroo of ICEA believes GST rationalisation is essential for 'Viksit Bharat @ 2047' and will help both industry and consumers. Experts agree the shift is not just about tax, but about a structural reform that could shape India's economic future.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
14 minutes ago
- NDTV
"Those Who Dance With Constitution Trampled It": PM's Law Jab At Congress
New Delhi: Targeting the Opposition and senior Congress leader, Rahul Gandhi, Prime Minister Narendra Modi today alleged that "those who dance with the Constitution on their heads" kept oppressive laws in place for decades before he started repealing them. Addressing a government event to inaugurate two key infrastructure projects to declog Delhi roads, the Prime Minister referred to sanitation workers in the national capital. "Our safai karmacharis fulfill a major duty and we must thank them every morning. But previous governments treated them like slaves. I am telling you the truth of how those who dance with the Constitution on their heads trampled the Constitution and betrayed Babasaheb Ambedkar. You will be shocked." "For my safai karmachari brothers and sisters, there was a dangerous law in the Delhi Municipal Corporation Act. There was a clause that if a safai mitra (sanitation worker) skipped work without informing beforehand, he/she could be jailed for a month. Think about it, what did they think of safai karmacharis? You will put them in jail for a small mistake? They now talk big about social justice. They made and kept such laws. It is Modi who is weeding out these laws and repealing them," the Prime Minister said. Social justice and the Constitution are key planks Mr Gandhi has used to target the Narendra Modi government. So even though the Prime Minister did not name any specific leader, his target was apparent. This also comes amid Mr Gandhi's big offensive against the BJP and the Election Commission, alleging irregularities in voter lists. With Delhi Chief Minister Rekha Gupta on the dais, the Prime Minister said the BJP has come to power in Delhi after a long time. "The previous governments destroyed Delhi, put it in a ditch. The BJP government has to fill that ditch and then progress will be visible. But I believe this team you have elected will pull Delhi out of that situation," he said. The Prime Minister said that the BJP is now in power in Delhi, Haryana, Uttar Pradesh and Rajasthan. "This shows that the people in this region have blessed the BJP and we are working tirelessly for them. But some political parties cannot digest this. They are cut off from public trust and ground realities," he said, taking a swipe at rivals. Hitting out at the Aam Aadmi Party, which lost the Delhi election to BJP, the Prime Minister said, "Some months back, a conspiracy to create a rift between the people of Delhi and Haryana was hatched. It was even said that Haryana was poisoning Delhi's water. Delhi NCR is now free of such negative politics," he said. The Prime Minister today inaugurated a key stretch of the Urban Extension Road-II and the Delhi section of Dwarka Expressway. The projects, with a combined cost of Rs 11,000 crore, will aid the commute of people in the Delhi-NCR region and reduce congestion on the capital's roads. "When the world judges India, it first looks at our capital, Delhi. We have to make Delhi a model of a developed India. Our government has worked on this at multiple levels. In the past 11 years, travel has become easier in Delhi NCR," the Prime Minister said.
India.com
33 minutes ago
- India.com
IITs Not Just Academic Hubs, But Innovation Engines For Self-Reliant India, Says Dharmendra Pradhan
New Delhi, Union Education Minister Dharmendra Pradhan on Sunday said that India's premier institutions, particularly the IITs, will be the foundation of a self-reliant nation. Sharing his thoughts after having breakfast with students at IIT Delhi, the minister described the institutes as central to building a strong ecosystem of technology, innovation, and entrepreneurship in the country. Pradhan wrote on social media platform X that IITs are not just centres of academic excellence but also vital contributors to India's innovation landscape. "Our IITs will be the bedrock of a self-reliant India", he posted. He stressed that with the "rock solid support" of Prime Minister Narendra Modi, the country's young generation will rewrite the rules of technology and business. "Backed by the rock solid support of PM Narendra Modi, our talented Yuva Shakti are going to rewrite the rules of technology, innovation and entrepreneurship and build a 'Samridhh and self-reliant Bharat'," the Union Minister added. The minister expressed confidence that India's talented youth will play a decisive role in shaping the nation's future. He said the government remains committed to nurturing talent and providing the right support so that the country can emerge as a global hub for innovation and entrepreneurship. Pradhan reaffirmed that IITs will continue to serve as hubs of creativity, equipping students with the mindset and skills required for a self-reliant India. "Taking forward the clarion call by Hon'ble PM Shri @narendramodi ji given during his decisive Independence Day address, interacted with students of @iitdelhi this morning to emphasise on the need for achieving self-reliance, ignite collective action for driving national priorities and fulfilling the vision of 'Samridhh Bharat' by 2047", he wrote on X. "Learnt more about their dreams and aspirations, areas of research, the technological challenges they are pursuing currently and their perspectives on the challenges and opportunities outlined by PM Modi ji. Also, shared my views on enhancing capabilities and expanding the spirit of innovation. Encouraged the students to bring forward their innovative ideas, work on the challenges and keep hustling until we achieve self-reliance in every sphere. PM Modi ji's govt. stands shoulder to shoulder with India's innovators and researchers for shaping a brighter future for our coming generations and also for establishing India as a global hub of solutions." "Confident that the talent, tenacity and resolve of our youth coupled with the pursuit of self-reliance will pave the way for strengthening Bharat's capabilities as well as enhancing her technological and economic sovereignty." Also Read: Karnataka Government's Study Abroad Program Sees Huge Response With Over 5000 Students Enrolled
India.com
33 minutes ago
- India.com
8-lane Dwarka Expressway opened for public, commuting between Delhi and Gurugram will take minutes, all features and details inside
New Delhi: Commuting between Delhi and Gurugram was a challenge in itself. Hours of traffic jams were a source of trouble for the people. But from today, they will get freedom from this. Prime Minister Narendra Modi, on Sunday, 17 August 2025, inaugurated the Dwarka Expressway and Urban Extension Road-2, built in Haryana at a cost of about Rs 11,000 crore. Along with this, the country's shortest, first 8-lane urban elevated expressway will start from today, Sunday, 17 August 2025. Why is Dwarka Expressway special? Urban Elevated Dwarka Expressway is the country's first 8-lane expressway, which will reduce the distance from Delhi to Gurugram from 1 hour to 20 minutes. Travelling from Delhi to Gurugram will become easier, and you will get freedom from long traffic jams and travelling to and from IGI Airport will also become easier. People commuting from Noida to Gurugram will also get relief. Travel time from Gurugram to Faridabad Manesar, Sonipat, Panipat and Chandigarh will be reduced by 50 per cent. The country's shortest expressway and its cost This expressway, which is 29 km long, is currently the country's shortest expressway. Its width is about 34 meters. 18.9 km of this expressway is in Haryana, and the remaining 10.1 km is in Delhi, which starts from the Shiv statue in Mahipalpur and ends at Kherki Daula toll plaza in Gurugram. More than two lakh metric tons of steel has been used, while 20 lakh cubic meters of cement has been used to build this expressway. More than Rs 9000 crore has been spent on building this expressway. 8-lane expressway built on a single pillar The Dwarka Expressway is an 8-lane expressway on a single pillar. 23 km of it is elevated, and 4 km is underground. That is, vehicles will run only on the flyover and inside the tunnel. There is also a place on the Dwarka Expressway where it becomes four storeys. At this place, there is an underpass below, above which there is a service lane and above it is a flyover and above it, the Dwarka Expressway passes. This place has been named Multi Utility Corridor. This part is near Sector 82 of Gurugram. India's widest tunnel, Dwarka Expressway Route The country's widest 3.6 km tunnel has been built on the Dwarka Expressway. Flyovers and underpasses have been built. Three-lane service roads have also been built on both sides. This expressway starts from Shiv Murti on NH-8 and passes through Dwarka Sector 21, Gurugram border and Basai and ends at Khidki Daula toll plaza. Vehicles will run at a fast speed, toll plaza-free expressway Dwarka Expressway is the country's first physical toll plaza free expressway. Dwarka Expressway will work with a free-flow tolling system. After the installation of this system, the only toll plaza on this expressway will also end. In the next few months, the 'free flow tolling' system will be implemented on this expressway. This means that you will not have to stop anywhere on this highway and pay a toll. On this expressway, you will be able to enjoy the journey by driving vehicles at a speed of 100 km per hour. Toll tax on Dwarka Express There will be no toll plaza, but it does not mean that toll tax will not be levied. Toll will be deducted here with the help of advanced readers scanning FASTag and high-power cameras reading the number plates of vehicles on the overhead gantry. Toll tax collection on this expressway will be done through a satellite system. NHAI has made preparations to install a satellite-based tolling system for this. Toll tax will be collected on this expressway through the country's first Multi-Lane Free Flow (MLFF) tolling system. That is, there will be no toll plaza on this expressway, and neither will there be any employees. How much toll tax on the Dwarka Expressway? The toll tax for cars, jeeps and vans on this expressway is Rs 105 for one side and Rs 155 for both sides. For buses and trucks, it is Rs 355 for one side and Rs 535 for both sides.
