No Collapse Of Rupee, No New Levy On Items Consumed By Poor: Sitharaman In Rajya Sabha
2 years, 8 months ago

No Collapse Of Rupee, No New Levy On Items Consumed By Poor: Sitharaman In Rajya Sabha

ABP News  

Finance Minister Nirmala Sitharaman, while replying to a debate on price rise in the Rajya Sabha on Tuesday, said the GST Council had not imposed any new levy on essential items consumed by the poor. Price Rise Debate In Rajya Sabha: Key Points Finance Minister Nirmala Sitharaman said that taxes have not been levied on food items consumed by the poor, as GST has not been imposed on items that are sold loose. Sitharaman said almost every state, including West Bengal, Jharkhand, Maharashtra and Kerala, had imposed levies on items like pulses, flour, curd, paneer, and buttermilk before the GST regime kicked in on July 1, 2017. The minister said all states at the last GST Council meeting had agreed to the proposal to levy 5 per cent GST on pre-packed, labelled food items.

Rajya Sabha Sitharaman Items Gst Price Rise No Gst  rise  value  rupee  items  rajya  poor  consumed  price  levy  gst  minister  state  sabha  sitharaman  collapse

History of this topic

Opposition leaders press for simplification, reduction of GST
1 week, 3 days ago

Opposition leaders press for simplification, reduction of GST

Live Mint  

New Delhi, Mar 24 Opposition members on Monday demanded the government to simplify and reduce the Goods and Services Tax as it is putting the burden on the poor. Participating in the debate on the Finance Bill 2025, Supriya Sule said GST needs lots of reform, and there is a need to bring down rates. The Finance Minister should answer …

‘Which planet she is living in’: Priyanka Gandhi’s barb at Nirmala Sitharaman over reply in Lok Sabha
1 month, 3 weeks ago

‘Which planet she is living in’: Priyanka Gandhi’s barb at Nirmala Sitharaman over reply in Lok Sabha

Live Mint  

Congress leader Priyanka Gandhi took a dig at Finance Minister Nirmala Sitharaman for saying that "there is no inflation, there is no rise in unemployment" during her speech in the Lok Sabha on Tuesday, February 9. During the debate on the Union Budget in the Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman said the inflation trend, particularly food, appears …

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?
3 months ago

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?

India Today  

Union Finance Minister Nirmala Sitharaman faces a challenging economic backdrop as she prepares to present Budget 2025-26 on February 1. The Reserve Bank of India also lowered its real GDP growth forecast for 2024-25 to 6.6%, citing global uncertainties, volatile commodity prices, and fragmented economic conditions. MIDDLE-CLASS RELIEF & CONSUMPTION REVIVAL Anand Ramanathan, Partner and Leader for the Consumer Products …

Nirmala Sitharaman holds pre-budget consultations with farm groups
3 months, 3 weeks ago

Nirmala Sitharaman holds pre-budget consultations with farm groups

Hindustan Times  

NEW DELHI: Union finance minister Nirmala Sitharaman held a key pre-budget consultation with a large farmers’ delegation and farm economists on Saturday, where she sought suggestions and took note of various issues and demands of the farming community, two participants said on Monday. The farmers union also asked Nirmala Sitharaman to enhance the cash benefit under the PM Kisan scheme …

Maharashtra to raise traders' concern after Centre brings changes in GST rules
1 year, 8 months ago

Maharashtra to raise traders' concern after Centre brings changes in GST rules

India Today  

Senior Congress leader and MLA Prithviraj Chavan objected to the Centre’s decision to bring the Goods and Service Tax Network under the purview of the Prevention of Money Laundering Act, which would permit the Enforcement Directorate to probe the matters linked to the GST. Replying to Chavan’s question, Maharashtra Finance Minister Ajit Pawar said he would raise the issue in …

FM Nirmala Sitharaman busts Derek O'Brien's claim, reminds him that he had walked out of Parliament when she was replying
2 years, 8 months ago

FM Nirmala Sitharaman busts Derek O'Brien's claim, reminds him that he had walked out of Parliament when she was replying

Op India  

Following the address given by Finance Minister Nirmala Sitharaman in the Rajya Sabha over inflation, GST and other matters, Trinamool Congress’s MP Derek O’Brien claimed that she ‘evaded his questions’. https://t.co/5kT4w78Icv — Nirmala Sitharaman August 2, 2022 She had quoted the TMC MP where he had tagged Prime Minister Narendra Modi to “complain” against Fm Sitharaman. He had said, “Mr …

Myths being spread on GST: FM in Parliament
2 years, 8 months ago

Myths being spread on GST: FM in Parliament

Hindustan Times  

In an attempt to “bust the myths” around the Goods and Services Tax raised by the Opposition in the Rajya Sabha, finance minister Nirmala Sitharaman on Tuesday listed out some of the essential items on which the government levies no GST and also those whose prices decreased under the unified tax regime. The minister, during the price rise debate that …

GST levies on food items won’t burden poor, says Nirmala Sitharaman
2 years, 8 months ago

GST levies on food items won’t burden poor, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on August 1, 2022 asserted that the Goods and Services Tax levies on food items such as curd, lassi and wheat would not burden poor households, and took on States and the Opposition parties for seeking to suggest that the taxes were driven by the Narendra Modi administration when it was a decision taken by …

Edappadi K. Palaniswami joins opposition voices demanding withdrawal of GST hike on essential commodities
2 years, 8 months ago

Edappadi K. Palaniswami joins opposition voices demanding withdrawal of GST hike on essential commodities

The Hindu  

Published : Jul 20, 2022 18:27 IST Edappadi K. Palaniswami, former Tamil Nadu Chief Minister and All India Anna Dravida Munnetra Kazhagam interim general secretary, has joined opposition voices across India in asking the Union government to withdraw the recent GST rate hike on essential commodities. In a statement released in Chennai, Palaniswami said that many items which were earlier …

DC Edit | Row over GST: Govt, Opp. must unite to find solution
2 years, 8 months ago

DC Edit | Row over GST: Govt, Opp. must unite to find solution

Deccan Chronicle  

Disruption of parliamentary proceedings for the third consecutive day on Wednesday by the Opposition over the rise in price of essential commodities and the imposition of the Goods and Services Tax on certain food items of mass consumption has little justification not because there is no merit in their arguments but because their modus operandi will defeat their own cause, …

No GST on these 14 items when sold loose, clarifies FM Sitharaman
2 years, 8 months ago

No GST on these 14 items when sold loose, clarifies FM Sitharaman

Live Mint  

Union Finance Minister Nirmala Sitharaman on Tuesday released a list of items that will not attract any GST, when sold loose, and not pre-packed or pre-labeled. Sitharaman further said the council recommended reconsidering the approach for the imposition of GST on specified food items like pulses, cereals, flour etc. Sitharaman said that certain items including pulses/daal, wheat, rye, oats, maize, …

GST and inflation protest stalls Parliament, opposition demands discussion
2 years, 8 months ago

GST and inflation protest stalls Parliament, opposition demands discussion

Live Mint  

Opposition was seen cornering the government over GST and inflation on the second day of the monsoon session as well with Rahul Gandhi protesting at Parliament along with other Congress MPs inclduing Leader of Opposition in Rajya Sabha Mallikarjun Kharge, KC Venugopal, Adhir Ranjan Chowdhury, and Shiv Sena MP Priyanka Chaturvedi. Speaking on the protest, Mallikarjun Kharge said that they …

Govt believes in lowering taxes, says FM Sitharaman amid fuel price hike
3 years ago

Govt believes in lowering taxes, says FM Sitharaman amid fuel price hike

Live Mint  

Finance Minister Nirmala Sitharaman on Friday rejected opposition allegations against the government over the rise in fuel prices and said that the ruling alliance believes "in lowering the taxes and bringing less burden on common people," as per news agency ANI report. Additionally, the Finance Minister referred to the Russia-Ukraine conflict and said when former Prime Minister Jawaharlal Nehru's claim …

GST Council May Consider Inclusion of Petrol, Diesel At An 'Appropriate Time': Nirmala Sitharaman in Lok Sabha
4 years ago

GST Council May Consider Inclusion of Petrol, Diesel At An 'Appropriate Time': Nirmala Sitharaman in Lok Sabha

News 18  

Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel and natural gas under the Goods and Services Tax. “At present, there is no proposal to bring crude petroleum, petrol, diesel, ATF and natural gas under GST,” Sitharaman said in a written reply to …

Nirmala Sitharaman in Rajya Sabha says growth may have slowed down but economy will never slip into recession
5 years, 4 months ago

Nirmala Sitharaman in Rajya Sabha says growth may have slowed down but economy will never slip into recession

Firstpost  

Sitharaman reeled out numbers to defend the economic track record and said the direct tax-to-GDP ratio has risen from 5.5 per cent in 2014-15 to 5.98 per cent in 2018-19. New Delhi: Finance Minister Nirmala Sitharaman on Wednesday launched a spirited defence of her handling of the economy, comparing macroeconomic indicators with past Congress rules and said the growth may …

Mass consumption items cheaper from the New Year with GST cut
6 years, 3 months ago

Mass consumption items cheaper from the New Year with GST cut

The Quint  

New Delhi, Jan 1 Items of mass consumption items got cheaper from the New Year on Tuesday after the government notified the reducted GST rates decided by the GST Council at its meeting here late last month. Computer monitors, TV screens, video games, lithium-ion power banks, retreaded tyres, wheelchair accessories and cinema tickets are among products that have been removed …

GST Council meet: Relief for consumers, traders on anvil; expect 200 items to get cheaper
7 years, 4 months ago

GST Council meet: Relief for consumers, traders on anvil; expect 200 items to get cheaper

India TV News  

Prices of over 200 items may see a drop with the GST Council, which began its two-day meeting in Guwahati on Thursday, likely to announce tax cuts on many common-use goods. Among other proposals that will come up before the Council of finance ministers will be to cut tax rates for the composition scheme businesses to 1 per cent and …

GST to bring down prices of commodities: Parrikar
7 years, 10 months ago

GST to bring down prices of commodities: Parrikar

Deccan Chronicle  

Panaji: Goa Chief Minister Manohar Parrikar today said the goods and services tax will lead to a drop in prices of commodities. There has been a good response from traders regarding the new tax regime, the chief minister said, adding awareness about GST is being created by government agencies. Parrikar said he expects that nearly 95 per cent of the …

Rajya Sabha panel backs majority of GST Bill proposals
9 years, 8 months ago

Rajya Sabha panel backs majority of GST Bill proposals

The Hindu  

Though the Opposition forced adjournments in both Houses of Parliament on Wednesday, the chances of the Constitution Bill, meant to introduce the Goods and Services Tax, clearing Parliament in the current session brightened, with the Rajya Sabha Select Committee endorsing almost all its provisions. “Administratively, we are taking steps to ensure that both the Centre and the States will be …

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