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Indian exports not dependent on US, whole world is ready to do business with India: Delhi CM Rekha Gupta
Indian exports not dependent on US, whole world is ready to do business with India: Delhi CM Rekha Gupta

Indian Express

time5 days ago

  • Business
  • Indian Express

Indian exports not dependent on US, whole world is ready to do business with India: Delhi CM Rekha Gupta

Delhi Chief Minister Rekha Gupta on Sunday said that leaders like US President Donald Trump will get a befitting reply when India becomes the world's third-largest economy. 'India is not dependent on America for our exports. The whole world is standing with open arms to do business with India,' Gupta said, apparently referring to Trump's announcement of 25 per cent tariffs on imports from India and an unspecified penalty on the country for buying Russian oil. Gupta was speaking at the silver jubilee celebration of the Patparganj CPE Study Circle. Prime Minister Narendra Modi's push for 'vocal for local', One District One Product, and the use of swadeshi products means that everything Indians buy should have 'Indianness', Gupta said, 'so that all money spent by us is used by our country only'. 'If we all work together, then it will not take time to become the third-largest economy from the fourth number,' she added. Gupta also talked about the importance of chartered accountants (CAs). 'All the 30,000 CAs in Delhi are my army who encourage everyone to pay their taxes faithfully. Whenever there's a GST raid, the first call goes to a CA. They help ensure tax compliance,' she said. Gupta announced plans to launch a scheme to allow citizens to settle old tax dues without hassle. It would be a one-time opportunity, she said, adding that chartered accountants would play a pivotal role in its execution. 'We are working towards making the tax-paying system completely faceless. People shouldn't fear the Government. We are eliminating the need for multiple licences and simplifying systems,' she said. The chief minister said the public trust in chartered accountants is similar to that in doctors. 'No government campaign can be as effective as a CA's word. People trust their CA and do what they say,' she added. Gupta also stressed the need to end under-the-table transactions and build a governance model that encourages honesty and transparency. (With PTI inputs)

Leaders like Trump will get befitting reply when India rises: Delhi CM
Leaders like Trump will get befitting reply when India rises: Delhi CM

Business Standard

time7 days ago

  • Business
  • Business Standard

Leaders like Trump will get befitting reply when India rises: Delhi CM

Delhi Chief Minister Rekha Gupta on Sunday said the leaders like US President Donald Trump will get a befitting reply when India becomes the world's third-largest economy. The chief minister asserted the nation is no longer dependent on the United States for exports and global recognition. "The whole world is standing with open arms to do business with India. People like Trump will get a befitting reply when we develop and rise," said Gupta addressing the silver jubilee celebration of the Patparganj CPE Study Circle. "If we all work together then it will not take time to become the third-largest largest economy from fourth number. Our exports are not dependent on America," she added. Underlining the importance of self-reliance, Gupta said, "We must become self-dependent so that whatever we consume benefits our own people." The chief minister also highlighted the role of chartered accountants (CAs) and called them the government's "army". "All the 30,000 CAs in Delhi are my army who encourage everyone to pay their taxes faithfully. Whenever there's a GST raid, the first call goes to a CA. They help ensure tax compliance," she said. Gupta announced plans to launch a new scheme to allow citizens to settle old tax dues without hassle. It would be a one-time opportunity, she said, adding that chartered accountants would play a pivotal role in its execution. "We are working towards making the tax-paying system completely faceless. People shouldn't fear the government. We are eliminating the need for multiple licenses and simplifying systems," she said. The chief minister said the public trust in chartered accountants is similar to that in doctors. "No government campaign can be as effective as a CA's word. People trust their CA and do what they say," she added. Gupta also stressed the need to end under the table transactions and build a governance model that encourages honesty and transparency.

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