Prime Minister Shri Narendra Modi today underscored the Government’s decade-long commitment to bold economic reforms that have reshaped India’s fiscal architecture and global standing. From corporate tax reductions that catalyzed investment, to the implementation of GST that unified the national market, and personal income tax reforms that enhanced Ease of Living—the reform trajectory has been consistent and citizen-centric.
He hailed the latest phase of the #NextGenGST reforms which continues this journey by simplifying tax structures, rationalising rates, and making the system more equitable and growth-oriented. These measures are complemented by India’s strong fiscal discipline, which has earned global confidence and led to improved sovereign credit ratings.
Responding to a post by Shri Vijay on X, Shri Modi said:
“The last decade has been about bold reforms aimed at transforming India’s economic landscape, from corporate tax cuts that spurred investment, to GST creating a unified market, to personal income tax reforms enhancing Ease Of Living.
The #NextGenGST Reforms continue this journey, making the system simpler, fairer and more growth-oriented, while our fiscal discipline has earned global confidence and better credit ratings.
With these efforts, we are laying a strong foundation for a Viksit Bharat.”
We are lucky to have witnessed Finance history in last 5-10 yrs - Corp Tax reduction, GST intro and #NextGenGSTReforms along with Personal Income Tax Changes and moving to New Tax Regime and higher exemption slabs , Rating improvements by keeping Fiscal deficit in control pic.twitter.com/iFaLRJZTvH
— Vijay (@centerofright) September 3, 2025
