Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :

        Congress' Gaurav Gogoi seeks revamp of GST rates in Union Budget

        January 9, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Jorhat (Assam), Jan 9 (PTI) Congress MP Gaurav Gogoi on Thursday demanded a revamp of different rates under the Goods and Services Tax (GST) to give relief to the “hardworking citizens” of the country.

        Addressing a press conference here, the Deputy Leader of Congress in the Lok Sabha alleged that the ruling BJP at the Centre thinks only about the betterment of affluent people.

        "The Congress demands a revamped GST in the upcoming budget. The current GST framework is placing a disproportionate burden on India's middle and lower-middle classes, causing significant inconvenience to hardworking citizens," he said.

        The MP pointed out that while the majority of GST revenue is generated by the efforts of the poor and middle class, the contribution from the ultra-wealthy is negligible.

        "In 2021-22, 64 per cent of total GST came from the bottom 50 per cent of the population, while only 3 per cent came from the top 10 per cent," he claimed.

        Gogoi also alleged that the BJP government provided a Rs 2-lakh crore corporate tax cut in 2019, disproportionately benefiting the wealthiest corporations.

        "The government's approach is always to favour the big businesses by reducing corporate taxes. On the other hand, it is increasing levies on essential goods, thus exacerbating the economic hardship for ordinary citizens," he said.

        Gogoi underscored the urgent need for ‘GST 2.0’, which would offer a more equitable tax structure.

        Talking about Assam, the Congress leader highlighted the “growing disparity” in the state, referring to its 31st rank on the Human Development Index.

        "While Assam continues to languish in terms of socio-economic progress, the chief minister ranks 9th among the wealthiest CMs of India," claimed Gogoi.

        Gogoi also expressed skepticism about the upcoming investment summit 'Advantage Assam 2.0', and said there has been little transparency or progress regarding the commitments made under the first Advantage Assam programme launched in 2018.

        He claimed that of the 63 projects listed under Advantage Assam 1.0, only 10 have been completed, while the status of the remaining 53 projects remains unclear, suggesting that the promised investments have not materialised as expected.

        Gogoi urged the state government to provide a comprehensive assessment of the promises made earlier before making claims about new initiatives. PTI TR RBT

        GST revamp proposed to rebalance tax incidence and reduce burden on middle and lower-middle income groups. Demand for a comprehensive revamp of Goods and Services Tax (GST) rates is advanced to remedy an alleged disproportionate burden on middle and lower-middle classes, arguing most GST revenue is derived from the bottom half of the population while the ultra-wealthy contribute little. The commentary criticises a prior corporate tax cut as favoring large businesses and proposes a GST 2.0 to reallocate tax incidence away from essential goods and ordinary citizens toward a fairer distribution. It also calls for transparency and accountability in state investment projects, urging assessment of prior commitments before launching new initiatives.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                GST revamp proposed to rebalance tax incidence and reduce burden on middle and lower-middle income groups.

                                Demand for a comprehensive revamp of Goods and Services Tax (GST) rates is advanced to remedy an alleged disproportionate burden on middle and lower-middle classes, arguing most GST revenue is derived from the bottom half of the population while the ultra-wealthy contribute little. The commentary criticises a prior corporate tax cut as favoring large businesses and proposes a GST 2.0 to reallocate tax incidence away from essential goods and ordinary citizens toward a fairer distribution. It also calls for transparency and accountability in state investment projects, urging assessment of prior commitments before launching new initiatives.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found