हम
जी.एस.टी. के कठोर प्रावधानों का विरोध करते हैं!
जी.एस.टी.
को नरम करो, व्यापारियों पर रहम करो!
जी.एस.टी.
में दंड के कठोर प्रावधानों को वापस लो!
28%
टैक्स नहीं चलेगा नहीं चलेगा!
Take back the stringent provisions of GST.
Reconsider the penalty provisions in GST.
Relax the stringent provisions of GST and
spare the traders.
28% tax will not do!
As the day for implementation of GST nears, the
busy streets of Karol Bagh and Old Delhi has come to be flooded with bill-boards
and placards from various trade associations appealing the government to
reconsider the stringent provisions of GST, especially the penalty provisions
and the slabs of taxation. The birth pang of a new tax regime has taken over
the business community all over India, which seems to be writhing in pain.
There is pal of gloom and uncertainty in air. Delhi is always quick to press
the panic button and introduction of GST from 1st July is just another such case. Traders are not sure of their gains or loss under GST. As a
result, the season for discount sale has arrived much in advance to the delight of Delhiites.
In Haryana, traders call it the ‘Ghana Saara Tax’ (Too many Taxes), though GST
aims to reduce the number of taxes. The chatur
bania (Clever Trader) has been completely foxed by another chatur bania. Till now this chatur bania was always successful in
finding a loop-hole in the taxation system of the government. In the GST regime
where every transaction is aimed to be recorded and any gap down the chain is
likely to be traced out with provisions for strict penalty, the traders and
business community, especially the small and medium traders are in a fix. This
has irked the business community. It is akin to the bio-metric system of
attendance that irked the lazy babus. But implementation of GST and online cross
checks of all business transaction will certainly help the Government increase
its tax revenue. I hope this additional tax revenue on account of GST will benefit the common masses including farmers who
have been committing suicide due to a lopsided government policy that does not
come to their rescue either in years of bumper crops or in period of droughts.
Whenever such a step is taken by Government
of the day, people tend to deflect the discussion by reminding the Government of
its unfulfilled promises- viz the failure of the Government to unearth
black money despite demonetization or its failure to purge the political system
of black money, muscle power and criminals. The government needs to review and
cut wasteful expenditures. The Government must realize that one can’t have a
prosperous economy if it keeps overspending by raising taxes and over
regulating (Arthur Laffer).
I hope the government will certainly not
disappoint the common masses on these fronts in the remaining two years before
seeking their support for the next five years.
Great thoughts.
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