New Delhi, Sept. 4 -- The new GST reforms introduced by the government represent a significant step towards a people-friendly and common man-oriented tax structure, Bharatiya Mazdoor Sangh (BMS) said, as it welcomed the next-generation reforms.

Asserting that the indirect tax regime was heavily reliant on taxing the day-to-day needs of the citizens, BMS, in a statement, said this trend has now been reversed through the next-gen reforms, which introduce a primarily two-rate GST system aimed at reducing the tax burden on the people, while imposing higher taxes on luxury goods consumed by the high-income group.

The RSS affiliate Bharatiya Mazdoor Sangh (BMS) has welcomed the reduction of taxes on Labour-intensive industries, Essential dail...