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flag Indian PM Modi announces GST reforms, lowering taxes on essentials as a "Diwali gift."

flag Prime Minister Narendra Modi announced significant Goods and Services Tax (GST) reforms ahead of Diwali, aiming to lower taxes on essential goods and ease the burden on small businesses and consumers. flag The reforms are expected to simplify the tax system and benefit micro, small, and medium enterprises (MSMEs). flag Modi described the changes as a "Diwali gift" for the people of India.

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