financetom
Politics
financetom
/
Politics
/
PM Modi says centre in favour of bringing construction materials in 5% GST slab: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PM Modi says centre in favour of bringing construction materials in 5% GST slab: Report
Jan 1, 2019 9:39 AM

Prime Minister Narendra Modi on Tuesday said government is in favour of bringing construction-related material in the 5 percent slab of GST, while informing that changes in the tax structure will continue as there is scope for improvement, reported ANI

.

On Congress president Rahul Gandhi describing GST as “Gabbar Singh Tax” and “Grand Stupid Thought”, PM Modi said “jiski jaisi soch, waise uske shabd (the way someone thinks, the same are his words)”.

Watch the full interview of Narendra Modi here

In an interview to ANI, Modi underlined that all decisions related to GST (Goods and Services Tax), a single tax regime which was rolled out two years back, have been taken through consensus in the GST Council, which has representation from state governments, including Congress ones.

“Are they abusing their own party leaders and party governments? ...Just creating a political hue and cry is not good,” he said, attacking Gandhi for slamming the GST. The Prime Minister emphasised that GST is a new system that is bringing about a “big transformation” and is driven technologically.

“So some small traders have faced inconvenience. We acknowledge this. But the government’s responsibility is to be sensitive to their concerns. So, whatever comes to our notice, are referred to the GST Council. We decide collectively how to simplify it (GST),” he said, reported ANI.

First Published:Jan 1, 2019 6:39 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
INS Vikrant Case: BJP leader Kirit Somaiya granted interim protection from arrest
INS Vikrant Case: BJP leader Kirit Somaiya granted interim protection from arrest
Apr 13, 2022
The Bombay High Court on Wednesday granted interim protection from arrest to BJP leader Kirit Somaiya in a case of alleged misappropriation of funds collected in the name of saving the decommissioned naval aircraft carrier Vikrant. "Prima facie, apart from the complaint that is so vague and based solely on media reports, there is no basis for the complaint. Unfortunately, from 2013 to 2022, nothing is done, no complaint lodged," the high court noted. "In the light of the above, this is a fit case for grant of interim relief," the HC said.
Channi, Navjot Sidhu, Amarinder, Sukhbir Badal and more: Check key candidates ahead of Punjab election results
Channi, Navjot Sidhu, Amarinder, Sukhbir Badal and more: Check key candidates ahead of Punjab election results
Mar 9, 2022
Punjab assembly election results and key candidates: The stage is set for counting of votes on Thursday for 117 assembly seats in Punjab where the Arvind Kejriwal-led AAP has emerged as a major contender while the Congress is seeking to retain power in the multi-cornered contest. Various exit polls have predicted that the Aam Aadmi Party (AAP) will form the next government in Punjab but a few have also forecast a hung assembly in the state which had witnessed a high-stakes contest on February 20. Here's list of key candidates from Punjab:
Protesting farmers to return home on December 11 as Centre accepts demand
Protesting farmers to return home on December 11 as Centre accepts demand
Dec 9, 2021
Thousands of farmers from Punjab, Haryana and Uttar Pradesh under the aegis of various farmers' unions were protesting at the borders of Delhi since November 26, 2020, to demand repeal of the three farm laws.
Punjab Assembly polls: Average vote share of winners stood at 43.8 percent, says ADR
Punjab Assembly polls: Average vote share of winners stood at 43.8 percent, says ADR
Apr 13, 2022
The Association for Democratic Reforms (ADR) on Wednesday said that the average vote share of winners in the recent assembly elections in Punjab was 43.8 percent. Additionally, the voter turnout in the February 20 election was 72 percent as compared to 77 percent in the previous election in 2017.
Copyright 2023-2025 - www.financetom.com All Rights Reserved