28 per cent GST tax slab should go, says Sisodia
New Delhi, July 21 : Delhi Deputy Chief Minister Manish Sisodia on Friday said that the government should either completely abolish the 28 per cent tax bracket or reserve it only for "sin goods."
Speaking to reporters on the sidelines of the 28th Goods and Services Tax (GST) Council meeting, he said: "I believe 28 per cent tax should be only for sin goods, in fact, the government should completely abolish the 28 per cent tax bracket."
Sisodia, who holds the Finance portfolio, said that the Delhi government has also "adopted the returns model by Infosys Chairman Nandan Nilekani", which will require taxpayers to file a single GST return, replacing three returns - GSTR 1, 2, 3 and the summarised return GSTR 3B.
Under the earlier system, returns filed under forms GSTR-1 (sales) and GSTR-2 (purchase) were automatically matched with GSTR-3 to ensure that the claims made by the taxpayer were correct. Currently, taxpayers are filing GSTR 3B and GSTR 1 and claiming input tax credit.
But, according to the Nilekani model, input tax credit will be available only after uploading invoices.
Sisodia said that after the amendments, "the taxpayers with a turnover up to Rs 5 crores will only have to file quarterly returns now."
He further accused the central government of allegedly taking Rs 3 crores of funds originally assigned for Delhi.
"This issue was also taken up by Pondicherry in the meeting. The central government cheated Delhi by keeping Rs 3 crores of GST funds originally assigned for the national capital," he said.
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Cong govt ended ‘darkness’ in 11 months of rule in T’gana: CM Revanth Reddy rebuts PM Modi's remark
Hyderabad (PTI): During the last 11 months, the Congress government in Telangana has reversed an air of gloom and despair under the previous BRS regime and ended the "darkness", Chief Minister A Revanth Reddy said on Saturday.
He was responding to a post by Prime Minister Narendra Modi that under Congress rule developmental trajectory and fiscal health is turning from bad to worse in Himachal Pradesh, Karnataka and Telangana.
“I am happy to clarify several misconceptions and factual errors in your statements about my state and our government," Reddy said in his post.
Prime Minister Narendra Modi Friday in a series of posts said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
“Every promise made by us to people is a sacred commitment for us. In the last 11 months, we have reversed an air of gloom & despair under BRS, and ended the darkness. Like a morning sun, Telangana is now Rising,” Reddy said in the post addressed to Modi.
Within two days of taking charge, the Telangana government fulfilled its first and second promise - free bus travel for women across all government buses, and a healthcare and hospitalisation cover of 10 lakhs under Rajiv Aarogyasree, the CM pointed out.
Even before completion of first year of rule, the Congress government has implemented India's largest ever, state-level farmer loan waiver of Rs 18,000 crore covering over 22 lakh farmers, he said responding to PM’s comments that in Telangana, farmers are awaiting the (loan) waiver they were promised.
Women get free electricity, with no domestic power charge for their homes up to 200 units, Reddy noted.
The CM also claimed that his government has held the largest recruitment drive and is regularly holding exams of all levels and provided jobs to over 50,000 eligible youth, a record “unmatched by any BJP state government.”
The CM said the government is rejuvenating River Musi, which was allegedly neglected by the previous government and protecting lakes and other precious water bodies, encroached upon and destroyed wantonly with abandon in the last 10 years.
