Follow Us
- Oil falls to pre-Iran war levels, but petrol and diesel prices remain unchanged
- Israel continues deadly attacks on Lebanon after new ceasefire
- West Bengal government releases DR arrear to state government pensioners; families also eligible
- Trump-Netanyahu spat underscores bleak reality for Israeli premier
- Israel-Lebanon agree on conditional ceasefire framework
Congress Slams PM Modi Over His Address On GST,Says Cat Set Off for Hajj Pilgrimage After Eating Nine Hundred Rats
He stated that the Indian National Congress has long argued that GST is, in fact, a Growth Suppressing Tax. It has several issues—multiple tax slabs, punitive tax rates on common consumption items, widespread evasion and misclassification, the burden of costly formalities, and an inverted duty structure where output is taxed less than inputs.
“We have been demanding GST 2.0 since July 2017. This was also a key promise in our Nyay Patra for the 2024 Lok Sabha elections.The current GST reforms appear inadequate”,he said.
Pending issues include:
• Meaningful resolution of the widespread concerns of MSMEs, a major employment generator in the economy. Beyond significant procedural changes, this includes further increasing thresholds applicable to interstate supplies.
• Addressing issues raised by various sectors—such as textiles, tourism, exporters, handicrafts, and agricultural inputs.
• Encouraging states to implement state-level GST to bring electricity, liquor, petroleum, and real estate under its ambit.
• In the true spirit of cooperative federalism, the key demand of states—extending compensation for their revenue protection for another five years—has not yet been addressed.
It remains to be seen whether these GST amendments, delayed by eight years, will truly boost private investment, which is essential for high GDP growth. Meanwhile, India’s trade deficit with China has doubled over the past five years, crossing $100 billion. Indian businesses are being crippled by fear and monopolies, causing many entrepreneurs to flee abroad.
“Now, by talking about a Rs 2.5 lakh crore ‘savings festival’, you are trying to put a small Band-Aid on the deep wounds inflicted on the public. The public will never forget that you collected the highest GST on their dal-chawal-grain, pencils, books, treatment, farmers' tractorseverything. Your government should apologise to the public,” he said.
Oil falls to pre-Iran war levels, but petrol and diesel prices remain unchanged
Mamata made mistake by not taking strict action against corruption:TMC MP Babul Supriyo
‘Gen Z’ will break PM Modi’s arrogance: Rahul Gandhi
Two Coaches of Trivandrum-Delhi Rajdhani Express Engulfed in Flames, 68 Passengers Safely Evacuated
Without the Involvement of ‘Bigwigs’, a NEET Paper Leak Is Not Easy
-
Oil falls to pre-Iran war levels, but petrol and diesel prices remain unchanged -
India, Venezuela agree to expand cooperation across key sectors after Modi-Rodriguez talks -
Modi govt in ‘panic mode’ over economy, says congress -
Mamata made mistake by not taking strict action against corruption:TMC MP Babul Supriyo -
‘Gen Z’ will break PM Modi’s arrogance: Rahul Gandhi -
Odisha Congress seeks a timeline for Chandikhol Crude Oil Storage Project -
NEET Paper Leak: Rahul Gandhi Demands Removal Of Dharmendra Pradhan Immediately -
Government's mistake, people will pay the price : Rahul Gandhi on hike in petrol-diesel-CNG prices -
Odisha man brings sister’s skeleton to withdraw money from Bank -
Gold and Silver Prices Decline, Know the New Rates -
West Bengal Elections: Campaigning Ends for Second Phase, Voting on 29 April for 142 Seats -
Bengal Elections: TMC MP Mitali Bag Attacked in Hooghly, Hospitalized; Party Blames BJP -
Assembly Elections : 91.46% Voting in West Bengal, 84.41% in Tamil Nadu -
Rajasthan: Massive Fire at Pachpadra Refinery a Day Before Inauguration, PM Modi's Program Postponed -
BJP has thrown Manipur into the fire, Congress will not allow hate to spread: Rahul Gandhi
-
Odisha Congress seeks a timeline for Chandikhol Crude Oil Storage Project
First Phase West Bengal Elections : 92% Voting Amid Violence, EVM Malfunctions, and Allegations
Assembly Elections : 91.46% Voting in West Bengal, 84.41% in Tamil Nadu
Women's Reservation Law 2023 Implemented at Midnight During Parliamentary Debate





