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Congress leader Priyank Kharge on Thursday slammed the recent GST reforms of the Center, stating that the concept of “One Nation, One Tax” effectively became “One Nation, 9 Tax”.
Also Read: GST meeting live updates: net revenue implications Revenue Secretary says that there is a possibility of 48,000 crores
He also said that the Congress party has continuously advocated more streamlined GST structure with low rates to reduce financial stress on farmers, small businesses and middle classes. In a post on X, Priyank Kharge wrote, “The Modi government has been given a little general knowledge on Gabbar Singh tax. For almost a decade, the Indian National Congress has been demanding simplification of GST.” एक राष्ट्र, एक कर “” एक राष्ट्र, 9 कर ” – 0%, 5%, 12%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 18%, 12%, 12%, 12%, 12%, 12%, 12%, 12%, 12%, 12%, 12%, 12%,
“Lopa Rahulgandhi and Mallykarjun Kharge were batting for low at 18% of caps or GST rates. @InindiIIN’s 2019 and 2024 manifesto demanded a GST 2.0 with a simplified and rational system. Rate.
Is Khage alleged here
Kharge said that most GST burden falls on poor and middle class, while billionaires contribute very little. He also questioned how states like Karnataka plans to compensate Karnataka, after all, after simplifying the tax system.
“2/3rd of the total GST, ie 64% comes from the poor and middle class pockets, but only 3% GST is collected from billionaires, while the corporate tax rate is reduced by 30% to 22%. Reads.
New GST Reform
A day earlier, Finance Minister Nirmala Sitarman announced a large cut in GST rates in a comprehensive spectrum of goods, including essential commodities, automobiles, agricultural inputs and electronic devices.
In a major decision at the 56th GST Council meeting, the government went to merge 12% and 28% slabs to simplify the tax structure, resulting in a two-day system of 5% and 18%.
For essential household items, prices are determined for significantly fall. Items such as hair oil, shampoo, toothpaste, soap bars, toothbrushes, and shaving creams were originally taxed at 18%- now 5% fall under GST bracket.
The total GST 2/3 comes from the poor and middle class pockets.
Sitarman also announced the completely removal of GST on personal health and life insurance policies.
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