Congress chief Rahul Gandhi on Wednesday hit out on the authorities over rise in taxes on pre-packed meals objects and resort keep, alleging that the prime minister’s “Gabbar Singh Tax” is now taking the form of “Grahasti Sarvnaash Tax” (family destruction tax).
“Declining revenue and employment, topped with rising blow of inflation.
The Prime Minister’s ‘Gabbar Singh Tax’ has now taken a formidable form of ‘Grihasthi Sarvnaash Tax’ (family destruction tax),” Gandhi mentioned on Twitter.
He cited a information report that tax on meals objects, examine and resort keep would change into costly.
The former Congress chief had dubbed the Goods and Services Tax (GST) as “Gabbar Singh Tax” earlier.
Pre-packed and labelled meals objects like meat, fish, curd, ‘paneer’ and honey will now entice GST, a tax that may also be levied on the payment that banks cost for the problem of cheques.
This after the GST Council – the very best decision-making physique on the levy of products and providers tax – accepted many of the suggestions of a bunch of ministers from states on withdrawing exemptions with a view to rationalising the levy, officers mentioned.
The panel headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and UTs, on the primary day of the two-day assembly accepted the GoM’s suggestion for reviewing the exemption from GST that packed and labelled meals objects at the moment get.
So pre-packed and labelled meat (besides frozen), fish, curd, paneer, honey, dried leguminous greens, dried makhana, wheat and different cereals, wheat flour, jaggery, puffed rice (muri), all items and natural manure and coir pith compost won’t be exempted from GST and can now entice a 5 per cent tax.
Similarly, an 18 per cent GST will likely be levied on payment charged by banks for the problem of cheques (unfastened or in e-book kind). Maps and charts together with atlases will entice a 12 per cent levy. Goods which might be unpacked, unlabelled and unbranded will proceed to stay exempt from GST.
Besides, a 12 per cent tax on resort rooms beneath Rs 1,000 per day will likely be levied, as towards a tax exemption at the moment.
Source: www.financialexpress.com”