India's Modi to Meet China's Top Diplomat
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India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the principle of "one nation, one tax, one market". It was hailed as the biggest tax reform since independence from Britain in 1947.
This will be the prime minister’s first visit to China since 2018. The SCO Summit will open on August 31 in Tianjin
According to sources, Modi asserted, "Nehru partitioned the country once, and then again. Under the Indus Waters Treaty, 80 per cent of the water was given to Pakistan. Later, through his secretary, Nehru admitted his mistake, saying that it brought no benefit."
During the talks with Wang Yi, the Prime Minister stressed that peace and tranquillity along the border are essential for bilateral relations
Mr Modi did not mention the tariffs or the US in his speech that lasted nearly two hours. Last week, US president Donald Trump imposed an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations.
India’s Prime Minister Narendra Modi announced tax cuts, pledged policy reform and urged the citizens to design and produce high quality goods at home, in a sweeping Independence Day speech that blasted rising “economic selfishness” in the world.
Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as boosting his his image amid trade tension with Washington.