City
Epaper

GST council announces significant reduction in tax rates for millet flour food preparations

By ANI | Updated: October 7, 2023 12:30 IST

New Delhi [India], October 7 : The Goods and Services Tax (GST) Council has taken a significant step towards ...

Open in App

New Delhi [India], October 7 : The Goods and Services Tax (GST) Council has taken a significant step towards promoting healthy eating by announcing a substantial reduction in GST rates for millet flour food preparations.

The sources toldthe tax rate has been reduced from the current 18 percent to a more affordable 5 percent.

Millet flour, known for its nutritional value and health benefits, has gained popularity among health-conscious consumers in India.

By reducing the GST rate on millet flour food preparations, the government aims to make these nutritious food items more accessible to the public.

This move aligns with the government's efforts to promote a healthier lifestyle and dietary choices.

This, in turn, is likely to boost the consumption of millet flour food, benefiting the overall health and well-being of the population.

The GST Council's decision reflects the government's commitment to promoting sustainable and healthy food choices while also reducing the tax burden on essential food items.

It is anticipated that this move will encourage more people to incorporate millet flour-based foods into their diets, contributing to a healthier India.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSri Lankan Navy arrests 7 Indian fishermen for allegedly crossing maritime border

InternationalUnion Minister JP Nadda reviews fertilizer collaboration during visit to Saudi Arabia's Ma'aden facility

FootballMinerva narrowly fell short in final, but won hearts with historic Helsinki Cup campaign

InternationalSand, dust storms affect 330 million worldwide, cause 7 million premature deaths annually: UN

EntertainmentKota Srinivasa Rao dies at 83: Chiranjeevi, Pawan Kalyan, and Prakash Raj visit the late actor's residence to pay their respects

Business Realted Stories

BusinessPiyush Goyal highlights key engagements across banking, MSMEs, aerospace, and infrastructure

BusinessIPL valuation hits $18.5 bn, up 12.9%, fueled by media rights, sponsors, and fan engagement

BusinessIndian stock markets to track Q1 earnings, tariff talks, and macroeconomic data this week: Experts

BusinessCentre's semiconductor push could cut chip imports by USD20 bn: McKinsey

BusinessBillionaires gather in Sun Valley in US for Allen & Co.'s annual conference