GST Dated:- 3-1-2025 PTI – News – Congress alleges slowdown in GST collections, asks govt to focus on complexities of economy Dated:- 3-1-2025 – New Delhi, Jan 3 (PTI) The Congress on Friday expressed concern over the “disappointing” latest GST numbers and urged the government to focus on the complexities of the economy instead of imposing tax on popcorn. In a statement on the latest GST numbers, Congress general secretary in-charge communications Jairam Ramesh claimed India was locked in a “pernicious cycle of low consumption – low investment – low growth – low wages”. He said, “The litany of demoralising news on the economic front from the deceleration in growth to the poor GST revenue collections demands that the government apparatus
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ng for refunds, slumped to 3.3 per cent growth the lowest in FY25. This is concerning news, on several fronts,” he claimed. Ramesh said the government recorded an increase in GST collections of 8.6 per cent in the first three quarters of the current financial year. “The budget estimates had factored in an 11 per cent growth. This slowdown in revenue collections cannot be justification for the government to further cut down on social welfare programme like MGNREGA, at a time when rural wages have been stagnant and consumption slackening,” he said. Government expenditure must instead be used as a stimulus for the economy, he asserted. PTI SKC SKC SZM SZM – – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanageme
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