2
Tuesday
March 2021
4:45 AM IST
News Headlines
CM flays Rahul''s silence over Cong govt falling in party-ruled states        Kerala has become ''fundamentalists'' own country'' under CPI(M) rule, says Sitharaman        COVID-19 crisis far from over; 3rd wave to be more dangerous: CSIR official        Army cancels recruitment exam after paper leaked        Rahul dubs PM Modi a ''formidable enemy,'' vows to defeat him        ISRO launches DRDO''s satellite Sindhu Netra        On National Science Day, Modi asks citizens to practise Lab to Land mantra        UN Human Rights Office says 18 killed in Myanmar crackdown        FDA authorizes Johnson & Johnson vaccine against Covid-19 for emergency use        ISL: Straight shootout for final playoff berth between Goa and Hyderabad        Comments against judges a disturbing new trend: Ravi Shankar Prasad        Syria airstrikes: President Biden protected US personnel, facilities, says White House        DGCA extends suspension of scheduled international passenger flights till February 28        Rahul launches tirade against Modi, talks about ''connect'' with Tamil Nadu        Fishing hartal hits coastal belt in Kerala        Five assembly polls to begin Mar 27, Bengal to have max 8 phases; counting on May 2        Vijayan claims Rahul shying away from attacking BJP        Kerala to test all returning expats using RT-PCR; 3,671 fresh COVID-19 cases, 14 deaths reported        Gelatin sticks, detonators seized from train passenger in Kerala        Hundreds of Nigerian schoolgirls taken in mass abduction        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
National News
Rahul Gandhi assures revisiting GST when Cong is voted to power at Centre
 
Coimbatore, Jan 23 (PTI) Congress leader Rahul Gandhi on Saturday said the his party is committed to reconceptualising the Goods and Services Tax regime if voted to power at the Centre and assured ushering in a 'One tax, minimum tax.'

The current tax system has crippled the Medium Small and Micro Enterprises, he said in an interaction with industry representatives here.

The Congress leader, who began his campaign for the Tamil Nadu assembly polls, said there was the need to promote MSMEs, to compete with countries like China and Bangladesh.

"In my mind the future of India and any competition we want to win with China, Bangladesh or others is through the MSMEs," he said.

Small and medium industry was the backbone of job creation, he said and blamed the Centre for creating 'huge disharmony' in the country.

"You cannot have disharmony and have economic growth," he said and alleged India is unable to provide jobs and the economy has been devastated.

Answering a participant on GST, he hit out at the Modi-led government for bypassing a bulk of negotiations that took place during the UPA rule for a simple, minimum tax.

Eventually, the BJP government 'superimposed' its own model deviating from the originally conceptualised framework and as a result, people paid 'five' (in reference to slabs) massive amount of taxes and faced huge complications too, he alleged.

He assured restructuring the GST to pave the way for 'one tax, minimum tax," if his party was voted to power at the Centre.

"This GST regime will simply not work. It will impose huge load on MSMEs and cripple our economic system.The biggest supporters of GST were large businesses.There is a reason for it..GST.. as it is currently designed to help them and not MSMEs," Gandhi said.

His party and the United Progressive Alliance were committed to reconceptualising and restructuring the GST for a one tax and minimum tax.

"When we come to power in Delhi we will restructure the GST and give you one tax, minimum tax," he said.

MSMEs should be truly empowered and they should have access to credit, he said adding the government cannot tie the hands of industries with ,'GST and demonetisation' and ask them to compete with China.

There was the need to simplify GST and other norms for the benefit of MSMEs. "Without unclogging the banking system, without giving the MSMEs protection and incentives for job creation, the Indian economic sytem will not move forward," he said.


Army cancels recruitment exam after paper leaked
Rahul dubs PM Modi a ''formidable enemy,'' vows to defeat him
ISRO launches DRDO''s satellite Sindhu Netra
On National Science Day, Modi asks citizens to practise Lab to Land mantra
DGCA extends suspension of scheduled international passenger flights till February 28
India, Pak militaries agree for ''strict observance'' of all agreements on ceasefire
Suspicious SUV found outside Ambani''s residence
Modi launches scathing attack against Congress, DMK in TN, Puducherry
Toolkit case: Delhi court grants bail to Disha Ravi, terms evidence as scanty and sketchy
Cong government in Puducherry falls after CM resigns ahead of confidence vote
PM for special visas to South Asian medicos during health emergencies
If BJP voted to power, more than 33 pc reservation to women in WB: Amit Shah
SC seeks response of Election Commission on plea for e-voting
Delhi Court allows Disha Ravi FIR copy, opportunity to meet lawyer, family
India''s fight against COVID-19 is inspiring the world: PM Modi
Cong govt in Puducherry loses majority as one more MLA quits; Bedi eased out of Lt Guv office
Kiran Bedi removed as Puducherry LG
SC grants five-day interim bail to Kerala scribe Kappan to meet ailing mother
SC pulls up WhatsApp over privacy policy
Defence Minister lauds Delhi police
ENTERTAINMENT NEWS
George Clooney says Capitol attack put Trump family 'into the dustbin of history'
 Los Angeles: Hollywood star George Clooney has condemned the attack on the Capitol Hill in the US by  
'Mean Girls' won't be returning to Broadway
Ian McKellan is 'happy' Elliot Page came out as transgender
A R Rahman thanks fans for support during 'difficult times'
INTERNATIONAL NEWS
UN Human Rights Office says 18 killed in Myanmar crackdown
 Yangon: Security forces in Myanmar opened fire and made mass arrests Sunday as they sought to break
FDA authorizes Johnson & Johnson vaccine against Covid-19 for emergency use
Syria airstrikes: President Biden protected US personnel, facilities, says White House
Hundreds of Nigerian schoolgirls taken in mass abduction
KERALA NEWS
Kerala has become ''fundamentalists'' own country'' under CPI(M) rule, says Sitharaman
 Tripunithura(Ker): Union Finance Minister Nirmala Sitharaman on Sunday attacked the Kerala''s CPI(M)
COVID-19 crisis far from over; 3rd wave to be more dangerous: CSIR official
Fishing hartal hits coastal belt in Kerala
Vijayan claims Rahul shying away from attacking BJP
Untitled Page
Rashtra Deepika LTD
Copyright @ 2021 , Rashtra Deepika Ltd.