In Agartala on Oct. 8, Tripura’s Chief Minister Manik Saha highlighted how the new GST reforms open a fresh chapter for everyday people. He said the “one nation, one tax” idea launched by Prime Minister Narendra Modi has strengthened India’s economy, moving it from 11th to 4th place globally, and Tripura is riding this wave as it plans for a “Viksit Bharat 2047” vision.
Saha explained that the GST structure now uses just two key rates—5 % and 18 %—replacing a maze of old taxes like excise, customs, and service tax. This simplification helps families cut at least 4 % off monthly expenses and lets motorists avoid many tolls. As goods trucks no longer stop at corruption‑ridden nakas, delivery times shrink by about a third, saving fuel and boosting local commerce.
He also noted that GST revenue has grown thanks to sweeping relief measures. Essentials such as milk, chickpeas and bread are now tax‑free. Household items—from soap and shampoo to bicycles—carry only a 5 % fee, while staples like salt and pasta have dropped from 12 % or 18 % to 5 %. Middle‑class families feel the lift, and health‑related purchases have also been eased: life and health insurance, medicines, diagnostic kits and medical devices now face zero or 5 % GST.
For rural farmers, tractors and rice harvesters are now liable for just 5 % tax, while construction firms can buy cement at 18 % instead of 28 %. Finance Minister Pranajit Singha Roy and other senior officials joined the CM in stressing that these changes strengthen both Tripura’s and India’s economic conditions.
Source: ianslive
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