Congress leader Rahul Gandhi on Saturday said that the Narendra Modi government is increasing income tax and other tax rates for the common man, giving exemptions to billionaires, and asserted that it is ready to introduce another slab of GST to offset the burden. people
Gandhi said the Congress would continue to oppose this “injustice” of imposing high tax rates on daily necessities and giving concessions to big billionaires.
“Look at another example of concessions to capitalists and looting of common people. On the one hand, income tax is constantly increasing compared to corporate tax. On the other hand, Modi is preparing to raise more money through the government Gabbar Singh Tax,” he said in a post in Hindi X.
See an example of the concessions of the Rajdhanipati and the looting from the common people.
On the one hand, income tax is continuously increasing compared to corporate tax. On the other hand, the Modi government is preparing to collect more taxes from Gabbar Singh.
GST is continuously increasing while the government is introducing a new… pic.twitter.com/Zyu21tG8ag
— Rahul Gandhi (@RahulGandhi) December 7, 2024
“It is heard that amid the ever-increasing collection from GST, the government is going to introduce a new tax slab – plans to increase GST on daily necessities.
Think again – the wedding season is going on, people are saving every single penny of their money, meanwhile the government is going to increase GST from 12% to 18% on clothes above Rs 1500. Leader of Opposition in Lok Sabha said.
“This is gross injustice – taxing the hard-earned money of poor and middle-class families to give tax breaks to billionaires and write off their huge debts,” he claimed.
“Our fight is against this injustice. We will raise a strong voice against the tax burden on the common people and put pressure on the government to stop this ‘loot’,’ said the Congress leader.
He also shared a graphic showing that the government’s collection from Goods and Services Tax (GST) has increased from Rs 5.98 lakh crore to Rs 10.61 lakh crore from 2019 to 2024, while income tax has increased by Rs 4.92 lakh crore. crore in 2019 to 11.87 lakh crore in 2024 and from corporate tax to Rs. 5.56 lakh crore to Rs 10.2 lakh crore in the last five years.