Palaniswami welcomes GST Council’s approval of two-rate tax slab

The AIADMK, an ally of the BJP in Tamil Nadu, has welcomed the GST Council’s approval of the two-rate slab. AIADMK general secretary Edappadi K. Palaniswami wholeheartedly welcomed what he termed “historic decisions” of the GST Council.

In a social media post, Mr. Palaniswami appreciated Prime Minister Narendra Modi for his visionary leadership in steering transformative reforms, and Union Finance Minister Nirmala Sitharaman for her dedicated efforts in ensuring a simplified and growth-oriented GST framework.

“The shift to two slabs (5% & 18%), relief on essentials, healthcare, agri-inputs & insurance ensures simplicity, fairness and progress. The #NextGenGST move will simplify compliance, boost consumer confidence and support economic growth,” Mr. Palaniswami said.