New Delhi [India], September 4 (ANI): Crediting Prime Minister Narendra Modi's leadership for GST reforms, Bharatiya Janata Party leader Pradeep Bhandari on Thursday said that the announcements regarding the indirect tax cuts is a clear message to Congress of what it could not achieve during its tenure at the Centre.
In a post on X, Bhandari said Congress pushed India into "fragile five" economies.
"PM Modi reminds them of their failures, their incompetence and the anti-people approach. GST Reform, which no Congress government could get, PM Modi delivered! Congress has expertise in only 1 work: Corruption," Bhandari said.
"PM Modi govt has specialization in : Service of the poor & Reforms for Middle Class, Reforms for Indian Economy!" he added.
Continuing his attack on the Congress, Bhandari reminded Congress of its promises, asserting that none were fulfilled and country only saw corruption during their tenure.
"For 70 years, Congress party said:"Gareebi Hatao". Result: India became poorer under Congress. For 70 years Congress party said:" We will end Corruption" Result: Congress gave most corrupt governments," BJP leader said.
"For 70 years Congress party said:" We will reduce inflation" Result: Maximum inflation during Congres era For 70 years Congress party spoke said: "We will get reforms. The truth is, the Gandhi Vadra family is exposed today in front of the people of India!" he added.
Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in GST, aimed at providing relief to households, farmers, businesses and the healthcare sector.
The 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent and 28 per cent rates.
5% slab consists of essential goods and services, including food and kitchen item like butter, ghee, cheese, dairy spreads, pre-packaged namkeens, bhujia, mixtures, and utensils; agricultural equipment like drip irrigation systems, sprinklers, bio-pesticides, micronutrients, soil preparation machines, harvesting tools, tractors, and tractor tires; handicrafts and small industries like sewing machines and their parts and health and wellness like medical equipment and diagnostic kits.
While the 18% slab consists of a standard rate for most goods and services, including automobiles such as small cars and motorcycles (up to 350cc), consumer goods like electronic items, household goods, and some professional services, a uniform 18% rate applies to all auto parts.
Additionally, there is also a 40% slab for luxury and sin goods, including tobacco and pan Masala, products like cigarettes, bidis, and aerated sugary beverages and on luxury vehicles, high-end motorcycles above 350cc, yachts, and helicopters.
Moreover, some essential services and educational items are fully exempted from GST, including individual health, family floater and life insurance, no GST on health and life insurance premiums and education and healthcare, like certain services related to education and healthcare are GST-exempt. (ANI)
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