India doesn't need 5 different GST slabs but one tax: Rahul Gandhi

Frederick Owens
November 12, 2017

Congress Vice President Rahul Gandhi on Saturday said his party will continue to fight the "Gabbar Singh tax" - Gandhi's acronym for GST, to reduce the tax cap to 18 per cent from the current 28 per cent.

He said the "shower of changes" to the GST was made possible only because of the Gujarat assembly elections.

In a move to shore up public spending and revive investor sentiment, the government had cut down tax rates on 200 items, ranging from chocolates to wristwatches, in the biggest Goods and Services Tax (GST) revamp yet.

The Goods and Services Tax (GST), implemented "from July 1, had five tax slabs of 0 per cent, 5 per cent, 12 per cent, 18 per cent and 28 per cent".

Mangaluru: An endorsement by US President Donald Trump of PM Narendra's Modi leadership at the Asia-Pacific Economic Cooperation summit in Hanoi and a World Bank report on rise in India's ranking in ease of doing business came in handy for BJP leadership to lash out at Congress vice-president Rahul Gandhi.

More news: The Teenage Mutant Ninja Turtles are joining the Injustice 2 roster

Meanwhile, on Friday, Chidambaram had tweeted saying GST rates have been revamped because of Gujarat Elections,"Thank you Gujarat".

The council pruned the list of items attracting the top 28 per cent tax rate to just 50 from 227 previously.

"The GST Council was formed, and all state Finance Ministers are a part of it". Gandhi, who is visiting north Gujarat, the BJP bastion over the years, is on a three-day visit to the state.

"But people of India, particularly shopkeepers, traders, MSMEs, are distressed with the lopsided architecture, design and implementation mechanism of Modi ji's "Gabbar Singh Tax", he added. "This means that the Modi government can continue to fill its coffers with Rs 2,67,000 crore annually by its back-breaking dose of taxation on petrol and diesel", Surjewala said.

Before his speech, Gandhi also visited the Akshardham temple in Gandhinagar on Saturday morning.

Other reports by LeisureTravelAid

Discuss This Article

FOLLOW OUR NEWSPAPER