Home  |  Advertise  |  Contact Us
3:11 pm - Monday November 25, 5101

Rahul does not understand GST, has not studied it: Jaitley

Ahmedabad ,  Union Finance Minister and senior BJP leader Arun Jaitley on Saturday said looking at the way Congress vice-president Rahul Gandhi was raising the GST issue in Gujarat elections, he clearly believed that the Congress scion did not even understand this tax regime which was beneficial for the country and was also being praised by the whole world.

Addressing a press conference here, Mr Jailtley, who was the in-charge of BJP for Gujarat assembly polls, said, “I clearly believe that Rahul does not understand the GST. He has not even studied it.”

“Each of the decisions of the GST were also fully agreed upon by the finance ministers of the Congress-ruled states. These decisions with consensus were beneficial for the country and were also being praised the world over. Merely by giving a few opportunistic statements on the occasion of election does not mean that you (Rahul) understand the GST,” Mr Jailtley said.

To a query, he said the meeting of GST council was held every month with two prime objectives. One was to discuss the transitional issues and the other to maintain the balance in tax sharing between the state and the Centre.

He added that the reforms in GST regime should not be linked with Gujarat elections. “GST is for long term and for the ease of trade and better taxation system. The alternative to it could be return to the same old and complicated 17 tax system in which inspectors of various departments used to make things difficult for the traders.”

He alleged that Congress during its regime had never taken big steps against black money. Demonetisation has achieved its fundamental goals like increasing tax base, movement towards digital platforms, check on terror funding and less cash system.

The Union Finance Minister added that the government was also working in the direction of making election funding a fair funding and removing the ‘hush-hush’ money system prevalent since last 70 years.

“This time I have also made certain provisions in this regard in the budget. I have also written to all the political parties about it.” It was not correct to say that the RBI was still counting the scrapped notes even after expiry of almost a year since demonetisation in November last year, he maintained.

“Everything was in the annual report of the RBI published in June. The current exercise of recounting was for detecting fake currencies.”

Posted in: Nation

You might like:

PM to address people on Nov 26 in 38th edition of Mann ki Baat PM to address people on Nov 26 in 38th edition of Mann ki Baat
MS Dhoni visits Army Public School in Srinagar MS Dhoni visits Army Public School in Srinagar
Tendulkar to flag off IDBI Kolkata marathon Tendulkar to flag off IDBI Kolkata marathon
‘Thor: Ragnarok’ gets  thunderous opening in India ‘Thor: Ragnarok’ gets thunderous opening in India