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Sachin Pilot Advocates for GST 2.0 to Alleviate Tax Burden on Middle Class

  • Sachin Pilot calls for the introduction of GST 2.0 in the upcoming Union budget set for February 1, 2025
  • Pilot claims small, medium, and micro traders struggle with tax issues under the BJP government
  • He notes that the working, middle classes, and common citizens contribute the most to GST revenue but receive fewer benefits compared to wealthy individuals
  • Pilot highlights that 64% of GST revenue comes from the bottom 50% of the population, while the top 10% contribute only 3%
  • Criticizes the current GST system as disproportionately taxing the poor and middle class
  • Points out inconsistencies like multiple GST rates on items such as popcorn and high taxes on essential services
  • Accuses the Modi government of favoring the wealthy with tax cuts while burdening the lower economic classes
  • Reminds that GST was initially proposed by Manmohan Singh and opposed by BJP leaders including Modi
  • Criticizes the BJP for adopting previously opposed Congress policies like Aadhaar and FDI in retail
  • Claims BJP’s GST launch was overly dramatized and not a genuine groundbreaking achievement
  • Accuses the BJP government of misrepresenting economic robustness and not being transparent with economic data
  • Highlights rising unemployment and inflation issues, emphasizing the need for focus on per capita income and job creation

Source: theweek.in

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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