Health Care

Congress to push for one rate in GST: Chidambaram

Congress to push for one rate in GST: Chidambaram

Congress leaders said their demand for making GST a simple tax law was vindicated and have now set sights of forcing the government to reduce the tax slabs from the current five to three.

"Your elections did what Parliament and common sense could not do", he tweeted.

Chidambaram added that the next goal for Congress is to push for one rate.

Senior Congress leader P Chidambaram claimed that changes in GST were made keeping in mind upcoming Gujarat elections.

"When GST rate is capped at 18%, this government would have learnt its lesson belatedly", Chidambaram said in a series of tweets posted late on Friday night and Saturday morning.

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After the GST revision, the 28 per cent tax rate bracket, which previously had 228 items, now has just 50 mostly luxury and sin products. "They can not break the back of the small and medium businesses, crush the informal sector and destroy millions of jobs", Congress vice president Rahul Gandhi had tweeted before the GST council meet.

Modi hailed the recommendations made by the GST Council and said that it will further benefit the people and strengthen the tax regime.

The former finance minister's remarks came a day after the GST Council removed 178 items from the highest 28 percent category. "These recommendations are in spirit of the continuous feedback we are getting from various stakeholders on GST", Modi tweeted. The decision was taken at a "closed-door" meeting of GST Council in Guwahati on Friday.

On the other hand, Assam finance minister Himanta Biswa Sarma said that, the Assam government has chose to introduce a chapter of GST in the textbooks of higher secondary level.