NEW DELHI: Former Finance minister P Chidambaram nowadays attacked the federal government on the first anniversary of the GST regime, claiming it had raised the tax burden on the common guy and transform a "bad word" a number of the folks.
"The design, structure, infrastructure backbone, rate or rates and implementation of the GST (Goods and Services Tax) were so flawed that GST has become a bad word among business persons, traders, exporters and the common citizens," he instructed reporters here.
The best segment that appears to be satisfied concerning the GST is the tax administration that has bought atypical powers, he added.
"It is widely perceived that GST has increased the tax burden of the common citizen; it has certainly not reduced the tax burden as was promised," Chidambaram mentioned.
The senior Congress chief mentioned starting with the GST Constitution Amendment Bill, every step taken by means of the BJP government in regards to GST used to be deeply unsuitable.
The GST Bills additionally "ignored the advice" of the manager financial adviser on many aspects, notably on the charges, he claimed.
"The design, structure, infrastructure backbone, rate or rates and implementation of the GST (Goods and Services Tax) were so flawed that GST has become a bad word among business persons, traders, exporters and the common citizens," he instructed reporters here.
The best segment that appears to be satisfied concerning the GST is the tax administration that has bought atypical powers, he added.
"It is widely perceived that GST has increased the tax burden of the common citizen; it has certainly not reduced the tax burden as was promised," Chidambaram mentioned.
The senior Congress chief mentioned starting with the GST Constitution Amendment Bill, every step taken by means of the BJP government in regards to GST used to be deeply unsuitable.
The GST Bills additionally "ignored the advice" of the manager financial adviser on many aspects, notably on the charges, he claimed.
GST has raised tax burden on common man: Chidambaram
![GST has raised tax burden on common man: Chidambaram]()
Reviewed by Kailash
on
July 01, 2018
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