Modi govt’s GST has put burden on poor: Gohil
Senior Congress leader Shaktisinh Gohil on Thursday said the Narendra Modi-led government’s complicated Goods and Services Tax (GST) has put an unbearable burden on the poor and common people.
Senior Congress leader Shaktisinh Gohil on Thursday said the Narendra Modi-led government’s complicated Goods and Services Tax (GST) has put an unbearable burden on the poor and common people.
The Congress on Thursday accused the BJP-led NDA government at the Centre of looting people by imposing the Goods and Services Tax (GST) even on essential items.
In the upcoming Union Budget, the gems and jewellery sector has urged the government for a reduction in goods and services tax (GST) to 1 per cent on revenue equivalence ratio to ease the cost burden on the industry.
Punjab Finance, Planning, Excise, and Taxation Minister Advocate Harpal Singh Cheema has said that the state has, for the first time, surpassed the Rs 30,000 crore mark in revenue collection from VAT, CST, GST, PSDT, and Excise within the first nine months of a fiscal year.
During its 55th meeting, the GST Council clarified that tax treatment for popcorn would depend on its flavour and the way it was sold; while popcorn sold loose will be taxed at 5 per cent, GST on popcorn will incre a se to 12 per cent if it was sold in packets under a brand name, while caramelised popcorn would be taxed at 18 per cent.
The decision, made during the 54th GST Council meeting on September 9, has been praised by Assam and Meghalaya Chief Ministers for its potential to ease the financial burden on cancer patients.
Addressing a press conference after the 54th GST Council meeting, the Finance Minister said revenues of casinos have "jumped by 30 per cent".
The industry experts on Monday welcomed some significant resolutions announced during the 54th GST Council meeting chaired by Finance Minister Nirmala Sitharaman.
AAP Rajya Sabha MP Pathak criticised the government for allegedly stifling innovation and progress by taxing research aimed at the nation's development. He has called for the immediate withdrawal of this policy at the upcoming GST Council meeting.
The government on Wednesday approved the roll-out of 730 FM radio channels in 234 new cities and towns with an estimated reserve price of Rs 784.87 crore.
