IndiaÂ’s GST worldÂ’s ‘worstÂ’ tax regime, middle class contributing to govt’s revenue collection: Cong

GST Dated:- 9-1-2025 PTI – News – India’s GST world’s ‘worst’ tax regime, middle class contributing to govt’s revenue collection: Cong Dated:- 9-1-2025 – Ahmedabad, Jan 8 (PTI) The opposition Congress on Thursday called India’s GST the world’s “worst” s

GST Dated:- 9-1-2025 PTI – News – IndiaÂ’s GST worldÂ’s ‘worstÂ’ tax regime, middle class contributing to govt's revenue collection: Cong Dated:- 9-1-2025 – Ahmedabad, Jan 8 (PTI) The opposition Congress on Thursday called IndiaÂ’s GST the worldÂ’s “worst” such regime, accusing the government of being interested only in imposing new levies under the cover of rationalisation. The country has reached a point where the middle class is propping the governmentÂ’s tax revenue because corporates are not paying as much tax revenues due to a downturn in business, claimed party spokesperson Rangarajan Mohan Kumaramangalam here. Calling the present system “tax terrorism”, the Congress leader hoped Prime Minister Narendra Modi will “rectify the faulty” GST

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s now trying to tax the only people left who are actually buying products. “In the end, that consumption will also come down, resulting in further job losses,” he said. Instead of focusing on the shrinking middle class and the tax burden on it, the government wants to collect tax from wherever it can, said the Congress leader. “It will come up with some reason to impose new taxes and cess under GST in some sort of vague method of rationalisation. In the end, it will kill whatever consumption, which is already reducing, (happening) in our economy,” he said. According to a new study, 64 per cent of India’s GST collection comes from the bottom 50 per cent of the population, claimed Kumaramangalam. “We are going after the poorest of the poor. H

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ng introduced on goods consumed by the common public, he said. “Today, there are nearly nine different rates of GST, starting from 0 per cent to 28 per cent. If we consider cess, some products like tobacco attract a 35 per cent tax,” he said. According to Kumaramangalam, confusion about tax slabs is adversely affecting small businesses because compliance has become a huge challenge. “This (compliance) is not an issue for large corporates because they have a separate department to handle it. These complications are benefiting large companies only. The economy is slowing down because the government is taking people’s money, leaving them with nothing to spend,” he said. He batted for tax reforms saying they are needed to achieve a healthier GD

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