In a significant announcement, new measures to reduce the Goods and Services Tax (GST) have been detailed, a move attributed to the Prime Minister’s directive to lessen the tax burden on the public. Finance Minister Nirmala Sitharaman stated that the Prime Minister had enquired about progress on GST reforms on two separate occasions before the changes were finalised. Responding to criticism from opposition parties like the Congress and Trinamool Congress, who claimed credit for the rate cuts, the speaker dismissed their assertions. The speaker questioned the critique from those who once levied extremely high taxes, asking, "Gabbar Singh tax bolne wale… Jo party income tax mein 91% tax karte the ek zamani mein…" This statement contrasts the current GST system with the 91% income tax rates during a previous Congress government, challenging the basis of their criticism. #gst #gstrates #taxcut #itwebvideos #indianeconomy #taxreform #gstcouncil #politics #finance #gabbarsinghtax #congress #trinamoolcongress #pm #bihar #patna #economicnews
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