The backlash isn’t coming for merely classifying popcorn, it’s for the following reasons (at least) 1. Health insurance exemption is still being thought about and there’s no information on which member of the council or which bureaucrats are not in favour of exemption or reduction of it 2. Increase on sale of used EVs and small cars which will impact people buying cars from dealers like Spinny, where they primarily go to purchase a car with assurance because they cannot afford the first hand new cars 3. The FM devoting a good 2 minutes speaking on popcorn classification after taking the above 2 important decisions. No info if flavours are intermixed like salt + caramel or new flavours like cheese + caramel 4. The audacity of the government ministers and bureaucrats to spend crores of taxpayer money which is tax free to splurge on 5 star hotels in tourism destinations for a national government meeting and also causing inconvenience to people wanting to stay there + extra security arrangements for the meeting to take place Ministry of Finance office isn’t good enough to conduct such meetings? 5. Why aren’t such meetings shown live to know who is saying what? This isn’t related to R&AW operations or security of government employees who splurge tax payer money for their own vacations in Jaisalmer?
You are mistaken if you think any member of any political party will go against their party views and policies. With our voting we elect a political party and not send our representative to the parliament.
The backlash was not due to the classifications. Most folks understand that. The problem was, there were waay bigger issues - like the rates on insurance, desperate tax cuts needed cause how low consumption stats and these buffoons spent the entire time discussing popcorn/GST on used cars while deciding the defer any conclusions on the important stuff. It got more messy with that press conference which just made the council look like an absolute joke.
I find it very funny GST was suppose to simply things not to complicate futher Why we so many categorisation on such a petty things ... When u apply 5% GST on gold and 18% on popcorn you know there is no sense to any to this .... This is worst finance minister that a country could have
You are absolutely stupid to compare such two different products. What is the rate of gold per 10 gm and what is the rate of popcorn? Are you that dumb not to understand this simple economics?
Tax on Gold is low because smuggling will increase, if tax is too high. And it is a high demand item. Nobody is smuggling popcorn from Gulf and popcorn is not an essential commodity like food. It is a fun item, and fun item are charged higher. All mass consumption items are charged lower.
@rajx7120 you made mistake here. You are trying to make sense among the most nonsense people here on social media. In chutiyonko itna pata hota to yaha RR nahi karte ye log. Just read the comments and you'll see dmb people everywhere.
@@rajx7120but why ? Why doesn't the govt want the citizens to have enjoyment and happiness rather want them to have a grey life like stalins Soviet union . Lmao 😂😂
@@jyotiradityachoudhury7987 Well, then you should talk about abolishing the very idea of Sales Tax. If you look closely, items consumed by richer ppl, are taxed more. And taxes are about creating equality.
Why govt don't publish the GST council mom... When court proceedings or parliamentary debates are public, why not GST council meetings.... public will know what is happening on their be half
if we discuss per capita all the time when we discuss Car and AC and consider such things as Luxury , we our middle class is probably second after poor class, but the poor class is huge in numbers and with population rising(considering middle and upper class has considerably less childern moving forward, based on what i see in all middle class families i know) poor class will always be bigger in number and thus basic things for middle class will always be considered luxury from the point of poorer class. all in all Indian middle class is doomed, no wonder a person getting just above middle class looks to run out of this country.
Taxes are obligation???. Disagree, its a fee that we pay the government to run the country, and asking what services to the citizens for collecting this fee is absolutely valid
My question is how do the ppl outraging over GST surges think the govt is supposed to pay for the freebies?? U vote for freebies at least a large majority does. The DMK minister should actually ask his alliance leader RaGa, how is he planning to pay for the khata-khat scheme?? Your freebies announcement & villyfying BJP with suit-boot ki sarkaar jibes have now forced them to go for freebies politics as well.
This has been an extremely informative session. Many thanks to both of you. P.S. - also, its high time the govt amps up its communication. They have faced severe consequences several times just because they have not communicated properly.
Why this One Nation One Everything obsessed government not have One Tax Rate for Central govt taxes? Let States make their own decisions, but central govt can have a flat tax for central taxes.
Guys y'all don't understand, this is a masterstroke by Modi government. They are disincentivising watching movies in theatres and indirectly the support to urduwood 😂
What is the inflation in last 10years and rate cuts for middle class. We are not getting pay hikes above 5% and the inflation on ground is more than 10%. Educating children is becoming unaffordable with 25% increase YOY as starting fee and 10% increase thereafter. This means I do not have any money apart from running my house.
Those questioning popcorn gst increase should understand that salted popcorn is 5% but caramelized pop corn is increased to 18%. For those asking why caramilzed popcorn GST is increased it is because of the universal concern on sugary foods. Be it colas like pepsi, coca cola. We are worried on popcorn price increase but not on GST rates on wheel chairs or baby foods . Media are ofcourse being triggered by rich businessman who are affected by this popcorn price rise. I never eat pop corn in theatres especially caramilzed pop corn the reason being it is priced unreasonably a 30 rs pop corn is priced as 250rs. People still buy them even though its unhealthy
In US, in California, the Sales Tax on ALL Goods and Services is around 9 percent. I say “around” because the Counties and Cities and also Bond measures add on to this rate. So Caramelized Popcorn in my city is taxed at 9.5% - and not 18% - as well as a laptop.
"It doesn't happen everywhere", that's where you are wrong. In USA you can claim sales tax paid on big ticket items as a deduction in income tax return. Because double taxation is wrong. Only India has this archaic Lagan system of double, tripple, quadruple taxes. If I pay 1 Lac as tax on a car purchase, why the hell would I pay income tax on that 1 Lac, which is the income of the government, not mine.
Plz do discuss taxes on middle class and also how govt is spending …. Corporate taxes vs income taxes… also taxes paid at car purchases and also toll taxes (govt spend money purchase land which is most of land owned by politicians)..
3:50 it is horrific Kushal especially coming from the same woman who was also the defense minister. I asked then and I ask now what makes her so qualified or special when she doesn't deliver as expected!!!!!
now, modi cabinet know she doesn't perform well and Cabinet and pressure on nirmala Ji is seen in press conference. She knows whats happening and Modi also knows, we should wait because 2025 many exciting things will happen
Look who's talking about popcorn when she doesn't even care about garlic & onion. Her state of mind is beyond anyone's reach. How she was even considered to be a FM, baffles me big time?
If tax is an obligation of individual then Govt is also obligated to provide potholes free road affordable hospital n insurance affordable education system
Why don't you circumvent the problem by selling the salt as a separate sachet and the unsalted popcorn as a separate packet --- you can make a health argument too 🍿
When the corruption amount we hear about are in 100s of crores after covid, When we read about spend in 1000s of crores , when we have been acclimatised to accepting that now a crore is like a lakh, but incomes are static..in which case a 1000 salary is now 100...then, every single tax payer in this country is rightfully pointing out the inadequacy of this government, the sheer hubris...Gandhari ne ankh me Patti baandhi thi in support of her husband, here do you expect Indians to cover our eyes wilfully for corruption to support WHOM? ! the truth is there is so much black money in this country now that a salaried person feels humiliated and insulted by these blood sucking freeloaders who are only invested in pursuing tax from the already taxed!
Isn't the 18 percent gst on cars for corporate sales? Individuals aren't set with gst on sale. Then who is eating popcorn as a staple diet that 18 percent gst suddenly caused an upheaval in their monthly budget? Also electric vehicles still have 18 percent gst for some reason.. Why is it being sold like a luxury item.??
Kushal, I've had this idea for a long while.. Why can't we have the agency over a small portion of our taxes? Say there is a government portal that allows me me to pledge 10% of my paid income tax to the project that I want. This would also be fair to hight economic contribution areas and would be an incentive for backward areas to contribute more
You wanna decide the purpose of VAT --- are you taxing rich and poor for consumption OR are you taxing consumption. If the former is your purpose you already have an income tax (some of the highest for a developing country). If it's the latter you need fewer rate levels so this kind of tax terror can be reduced --- whether you are a wafer, namkeen or cake (whatever TF that was). The govt is proverbially looking to have the cake and eat it too --- so they chose the worst of both worlds
We should get rid of MRP, to have single GST slab (or atmost 2). Let shopkeepers decide whether it is luxury or value added. And govt can collect tax on that selling price.
@@vksays4253 Toh fir GST, dukaandar ke jagah, graahak ke jeb se kaatein. Bank se pay karte waqt, aur cash withdrawal ke waqt GST laga do. Item pe no tax.
@@rajx7120 mere locality me kayi muslim parivar rehte hai, sab k pass ghar bangla gàadi hai, fir be BPL k under aate hai, pata nhi kaise? Ye sab govt ko pata nhi hai kya?
This is an excellent tutorial on GST by Ajay Rotti but Kushal really needs to pay attention. For example, right after Ajay repeatedly emphasized that there been only two cases of voting in GST Council, Kushal says that the FinMin should put out all the details of voting by states in public!
They should have only two brackets and both should be low. Sales tax must reduce to promote growth and demand in India and to bolster the economy. Rather than taxing on a smaller pie, the focus should be on enlarging the pie.
May be at the end of every podcast: conclude with 1) Key takeaways 2) What's in it for you 3) What can you do (like as an individual and/or businessman) like Ajay could've said businessman can deal with these issues by doing X Y Z
This government (& I wouldn't vote congress to save my life) is intent on slowly strangling the middle class Goose that lays the golden eggs. While having no coherent plan to get the 80 crore people out of benefits (that they require at present & I don't resent this) by providing training to get jobs. Demographic dividend, my foot, when 75% are a drag on the economy. It's mind boggling that tax payers that are a miniscule proportion of the population pay more tax than corporates.
They want different voting power, they should stop looting the resources of purvanchal + orisha and North east region. Also, give the payment for historical loots. Try it, and you will find it. Your taxes revenue will dry up. Because your factories of primary sectors will go down. Your economy will follow the suit.
Because salt is an essential product. We don't have tax on salt since all population consume it everyday for coocking. Sugar have 5% GST. So they put both into two different categories as per the state government suggestion. You have to understand the economic situation of the country to categories such tax system. I really don't understand why people are so dumb in this country that they dont understand this things and just start abusing and mocking FM? It's serious so dumb.
@ So, salt is used by all people, but sugar is not used by everyone? Seriously? The main point here is: this is about popcorn. That’s the main food. Not salt, not sugar. Why not then have a single rate for all popcorn, regardless of what’s put in it - salt, sugar, butter, vinegar or oil? Why not make it easy for businesses to comply with the tax code?
@patmclaughlin107 still you don't understand. Salt is an essential product not sugar. You can cook food without sugar but not without salt. This is based on reality of this country where people should be able to afford wheat, rice, salt atleast to feed themselves and that's what exactly you are not getting. So when they have already created catagory then states are saying why not put products with processed with salt in the same and not other products such as added sugar. This is for not you and other people but this is for people who deal in such products. Those demands are coming from industry and state and once states are agreed upon then GST council will take those decisions. Why are you bothering to care about in which catagory should such products came in or not? And government have already reduced GST on namkeen before diwali so prices are not gonna change but the salted popcorn will be added into it. People are making scene about such small things just to make emotionally fool people like you who don't understand the taxation system and increase their views by giving half news. Because abusing FM in the name of utter ignorance and without understanding economics is in trending in india it gave you lots of traffic on channel. Enjoy.
Why waste people's 1 hour when all you had to say was ki Modiji ki koi galti nahi hai, sab state(non bjp), municipal bodies(non bjp) ki galti hai. 1. Modi said One Nation One Rate. Now his chamchas are coming and saying one rate toh hona hi nahi chahiye. Kya hona chahiye? One Nation One election? Kyun? cause Modi thinks usse BJP ayegi 2. Agar sab ek jaise hi bekaar hai toh BJP ko hi kyun chune? kisi ko bhi chunte raho? Double Engine ke liye state mein non bjp ko kyun hataye? Center se BJP ko hata de, tab bhi double engine ho sakta hai? Ab Rotti ki Roti jal jayegi 3. Use 33% veto to push RSS agenda of hate in society and tax people on little things like popcorns and then come and cry ki state ne kiya. 4. Modi knew that gst will become a burucratic mess yet he pushed it because it gave more power to center and rember he vehemently opposed gst when he was state CM. Modi and BJP is not running economy properly and are more concerned about electoral wins and infusing hate in society and even families. And they must be punished. Dusro se baaf me nipat lege pehle aapke jaise jahar ugalne wale doglo se jo dusre ki subsidy ko revdi kehte hai aur khud ki kursi ke liye ladki labahrthi ke naam pe revdi chalaate hai unhe niptana jaruri hai. In BJP's own line, Baksha nahi jayega.
Kisiko bhi vote dena is not a solution. The system needs to be changed. Changing party in old broken system won't make a difference. And hate is spread by Congress also. Between states, and between castes.
Agree and disagree with Ajay on the pci.... Now if you take average per capita income then where are you putting your baseline? On the bpl line?? What kind of hell hole is that for the average income generator? Someone getting 50k per month would be in a middle class family(let's not go to a 50l per annum guy being included in middle class) he would have atleast 3 other people in his family.. He's definitely getting a car.
I and many guys like me who live and work in Rajasthan, where people die of heatwaves, where the poor families who live makeshift tents are allowed to sit in ATMs vestibuls in peak heat hours, AC is a life saver. It ain't luxury any more. Do you even see the weather forecast from April end till July start?? People die here Kushal ji. Take this into consideration.
Exactly. Coastal states like odisha , Andhra literally become frying pans in peak summer. With the climate change the heat intensity has increased far more over the years . AC is not a luxury it's a necessity
An accountant speaking whose job depends on making things more complicated defending this complicated shit. Any practical person would know that making things complicated discourages people from following it. Just ponder why despite great intentions our complicated regulatory regime has failed to encourage industry and also failed at ensuring compliance.
He looks the same IAS babu who thinks he can control the sun and moon motion with writing policy documents. Kushal please bring some real experts next time.
This individual appears to be a government supporter. When comparing GST issues across countries, it's important to also consider the quality of infrastructure funded by GST revenues in those nations.
Im convinced this lady is clueless and bureaucracy is at fault With Modi Because had she known E of economics her decisions hve been slow and disastrous
Why bjp walk the talk make it transparent... Unlike jaishankar said tell the world the truth and facts on fuel security then they (us n europe countries) will understand
obligation to pay taxes was a Blaise comment . Your answer goes against very grain of a for the people by the people participative government . Ultimately do you want people ro bw aspirational and create wealth at all levels? If yes then Nirmala modi govt are at fault. Because hiding behind no outcome os unrelated tp taxes pe sab countries me hota hai , congress ne kiya tha just doesn't cut it. People voted in bjp as they wanted to cut socialistic models, corruption etc Btw GST targets and harassment to pay early mid month every month also creates distrust
Stop charging high tariffs on certain things like whiskey, popcorn and other stuff as a virtue signalling exercise, and just make the a system simple flat rate. Just think of the cost of the IAS babus you will need to employ to check and rubber stamp this nonsense. With uniform tariffs, India can go back to Trump and demand that the US reduces tariffs to the same rate as India charges. Under these conditions India will win.
Why are Indians Crying ?? Modi Govt has reduced GST BEYOND BELIEF. I have never believed Oir govt will reduce rates like that . Knowing that I have lived.under congress for ever with huge taxes These BJP supporters who blame Modi govt --- hey you Bigots --- Why you don't bark against Congress govts which have the Higehst Rates and they keep on increasing Rates ... See Ptrol rates , See Real state stamp duty rates
I heard this discussion. Let me tell you Mr Ajay does not look an expert. He is suffering from inferiority complex, and doesn’t have global outlook how other counties are actually run. US is also giving EV credit but they have same Sales Tax for all kind of goods.
But modi loves his IAS babu's too much. I am convinced modi shah and the old guard except a few like jaishankar, all need to go in 2029. Yogi rightly deserves to become the PM in 2029. Yogi knows how IAS babu's and institutions needed to be treated like. Yogi will treat them like dogs and bulls to bring efficiency in this hell hole of a system
We want #OneNationOnePopcorn .
😂😂
Shekhar Gupta
lmao
The backlash isn’t coming for merely classifying popcorn, it’s for the following reasons (at least)
1. Health insurance exemption is still being thought about and there’s no information on which member of the council or which bureaucrats are not in favour of exemption or reduction of it
2. Increase on sale of used EVs and small cars which will impact people buying cars from dealers like Spinny, where they primarily go to purchase a car with assurance because they cannot afford the first hand new cars
3. The FM devoting a good 2 minutes speaking on popcorn classification after taking the above 2 important decisions.
No info if flavours are intermixed like salt + caramel or new flavours like cheese + caramel
4. The audacity of the government ministers and bureaucrats to spend crores of taxpayer money which is tax free to splurge on 5 star hotels in tourism destinations for a national government meeting and also causing inconvenience to people wanting to stay there + extra security arrangements for the meeting to take place
Ministry of Finance office isn’t good enough to conduct such meetings?
5. Why aren’t such meetings shown live to know who is saying what? This isn’t related to R&AW operations or security of government employees who splurge tax payer money for their own vacations in Jaisalmer?
Right on bro.
So brilliantly said brother ❤
Who among the GST council members are against reducing GST on health insurance.
Who proposed the tax on caramelized popcorn?
This govt has no empathy for middle class families.
Nirlama is a rajya sabha MP which has no real popular support she does what her master's tell her. Everyone knows who is the real culprit is.
She has a responsibility where she is failing miserably. Not everything has to be a grand conspiracy
You are mistaken if you think any member of any political party will go against their party views and policies. With our voting we elect a political party and not send our representative to the parliament.
The backlash was not due to the classifications. Most folks understand that. The problem was, there were waay bigger issues - like the rates on insurance, desperate tax cuts needed cause how low consumption stats and these buffoons spent the entire time discussing popcorn/GST on used cars while deciding the defer any conclusions on the important stuff. It got more messy with that press conference which just made the council look like an absolute joke.
I find it very funny GST was suppose to simply things not to complicate futher
Why we so many categorisation on such a petty things ... When u apply 5% GST on gold and 18% on popcorn you know there is no sense to any to this .... This is worst finance minister that a country could have
You are absolutely stupid to compare such two different products. What is the rate of gold per 10 gm and what is the rate of popcorn? Are you that dumb not to understand this simple economics?
Tax on Gold is low because smuggling will increase, if tax is too high. And it is a high demand item.
Nobody is smuggling popcorn from Gulf and popcorn is not an essential commodity like food. It is a fun item, and fun item are charged higher.
All mass consumption items are charged lower.
@rajx7120 you made mistake here. You are trying to make sense among the most nonsense people here on social media. In chutiyonko itna pata hota to yaha RR nahi karte ye log. Just read the comments and you'll see dmb people everywhere.
@@rajx7120but why ? Why doesn't the govt want the citizens to have enjoyment and happiness rather want them to have a grey life like stalins Soviet union . Lmao 😂😂
@@jyotiradityachoudhury7987 Well, then you should talk about abolishing the very idea of Sales Tax.
If you look closely, items consumed by richer ppl, are taxed more. And taxes are about creating equality.
Why govt don't publish the GST council mom... When court proceedings or parliamentary debates are public, why not GST council meetings.... public will know what is happening on their be half
if we discuss per capita all the time when we discuss Car and AC and consider such things as Luxury , we our middle class is probably second after poor class, but the poor class is huge in numbers and with population rising(considering middle and upper class has considerably less childern moving forward, based on what i see in all middle class families i know) poor class will always be bigger in number and thus basic things for middle class will always be considered luxury from the point of poorer class.
all in all Indian middle class is doomed, no wonder a person getting just above middle class looks to run out of this country.
Why is Ram Madhav discussing popcorn tax?
😂
😂
🤣🤣
😂😂
Why would you say that ? now I can't unsee it😂
Taxes are obligation???.
Disagree, its a fee that we pay the government to run the country, and asking what services to the citizens for collecting this fee is absolutely valid
My question is how do the ppl outraging over GST surges think the govt is supposed to pay for the freebies?? U vote for freebies at least a large majority does.
The DMK minister should actually ask his alliance leader RaGa, how is he planning to pay for the khata-khat scheme?? Your freebies announcement & villyfying BJP with suit-boot ki sarkaar jibes have now forced them to go for freebies politics as well.
tax like england facilities like somalia
@bankniftytraderviv ypp cuz the tax is getting used in nonsense freebies
Com,mon GST is for simplifying tax system. It is complicated.
Lol 300$ per person per year what else do u expect?? Bhai gavar hai thoda ?? @@bankniftytraderviv
@@bankniftytradervivnepal mein jaake reh le bhai
If you want to tax consumption so much, then abolish income tax
This has been an extremely informative session. Many thanks to both of you.
P.S. - also, its high time the govt amps up its communication. They have faced severe consequences several times just because they have not communicated properly.
Why this One Nation One Everything obsessed government not have One Tax Rate for Central govt taxes? Let States make their own decisions, but central govt can have a flat tax for central taxes.
Guys y'all don't understand, this is a masterstroke by Modi government. They are disincentivising watching movies in theatres and indirectly the support to urduwood 😂
😂😂
Amidst all the hue and cry on the social media, THIS is the first logical discussion I have come across.
What is the inflation in last 10years and rate cuts for middle class. We are not getting pay hikes above 5% and the inflation on ground is more than 10%. Educating children is becoming unaffordable with 25% increase YOY as starting fee and 10% increase thereafter. This means I do not have any money apart from running my house.
Tax on life and health insurance is a SIN
Really pulled that 10 percent from your ass?
Fundamental question is why does the state acting like a parent deciding which items are good or bad and taxes more or less accordingly
Those questioning popcorn gst increase should understand that salted popcorn is 5% but caramelized pop corn is increased to 18%. For those asking why caramilzed popcorn GST is increased it is because of the universal concern on sugary foods. Be it colas like pepsi, coca cola. We are worried on popcorn price increase but not on GST rates on wheel chairs or baby foods . Media are ofcourse being triggered by rich businessman who are affected by this popcorn price rise. I never eat pop corn in theatres especially caramilzed pop corn the reason being it is priced unreasonably a 30 rs pop corn is priced as 250rs. People still buy them even though its unhealthy
In US, in California, the Sales Tax on ALL Goods and Services is around 9 percent. I say “around” because the Counties and Cities and also Bond measures add on to this rate. So Caramelized Popcorn in my city is taxed at 9.5% - and not 18% - as well as a laptop.
There is no GST in US. You are talking about sales tax.
@ I am. And I have said that in the very first sentence.
"It doesn't happen everywhere", that's where you are wrong. In USA you can claim sales tax paid on big ticket items as a deduction in income tax return. Because double taxation is wrong. Only India has this archaic Lagan system of double, tripple, quadruple taxes.
If I pay 1 Lac as tax on a car purchase, why the hell would I pay income tax on that 1 Lac, which is the income of the government, not mine.
Plz do discuss taxes on middle class and also how govt is spending …. Corporate taxes vs income taxes… also taxes paid at car purchases and also toll taxes (govt spend money purchase land which is most of land owned by politicians)..
3:50 it is horrific Kushal especially coming from the same woman who was also the defense minister. I asked then and I ask now what makes her so qualified or special when she doesn't deliver as expected!!!!!
now, modi cabinet know she doesn't perform well and Cabinet and pressure on nirmala Ji is seen in press conference. She knows whats happening and Modi also knows, we should wait because 2025 many exciting things will happen
Look who's talking about popcorn when she doesn't even care about garlic & onion. Her state of mind is beyond anyone's reach. How she was even considered to be a FM, baffles me big time?
Consumption patterns of rich and poor are different, hence 4+ GST tax slabs. What is needed is simplification of compliance.
If tax is an obligation of individual then Govt is also obligated to provide potholes free road affordable hospital n insurance affordable education system
Great discussion..and thanks for a lot of clarifiction Ajay..
There is no reduction on gst on EVs... I really don't know whether government wants electrification or not
The government is providing subsidies on EV... Do you people have to spread negativity all the time?
Why don't you circumvent the problem by selling the salt as a separate sachet and the unsalted popcorn as a separate packet --- you can make a health argument too
🍿
When the corruption amount we hear about are in 100s of crores after covid, When we read about spend in 1000s of crores , when we have been acclimatised to accepting that now a crore is like a lakh, but incomes are static..in which case a 1000 salary is now 100...then, every single tax payer in this country is rightfully pointing out the inadequacy of this government, the sheer hubris...Gandhari ne ankh me Patti baandhi thi in support of her husband, here do you expect Indians to cover our eyes wilfully for corruption to support WHOM? ! the truth is there is so much black money in this country now that a salaried person feels humiliated and insulted by these blood sucking freeloaders who are only invested in pursuing tax from the already taxed!
Isn't the 18 percent gst on cars for corporate sales? Individuals aren't set with gst on sale. Then who is eating popcorn as a staple diet that 18 percent gst suddenly caused an upheaval in their monthly budget?
Also electric vehicles still have 18 percent gst for some reason.. Why is it being sold like a luxury item.??
Kushal, I've had this idea for a long while.. Why can't we have the agency over a small portion of our taxes? Say there is a government portal that allows me me to pledge 10% of my paid income tax to the project that I want. This would also be fair to hight economic contribution areas and would be an incentive for backward areas to contribute more
You wanna decide the purpose of VAT --- are you taxing rich and poor for consumption OR are you taxing consumption. If the former is your purpose you already have an income tax (some of the highest for a developing country). If it's the latter you need fewer rate levels so this kind of tax terror can be reduced --- whether you are a wafer, namkeen or cake (whatever TF that was).
The govt is proverbially looking to have the cake and eat it too --- so they chose the worst of both worlds
another example is parachute oil which is used as hair oil but is actually marketed as edible oil.
We should get rid of MRP, to have single GST slab (or atmost 2).
Let shopkeepers decide whether it is luxury or value added. And govt can collect tax on that selling price.
Billing system nhi hai na sab me! That's the problem
@@vksays4253 Toh fir GST, dukaandar ke jagah, graahak ke jeb se kaatein.
Bank se pay karte waqt, aur cash withdrawal ke waqt GST laga do. Item pe no tax.
@@rajx7120 govt chaiye sabse tax vasul kar sakti hai, per govt sirf Hinduon se or Hindu Temple se sabko khush karna chahti hai,
@@rajx7120 mere locality me kayi muslim parivar rehte hai, sab k pass ghar bangla gàadi hai, fir be BPL k under aate hai, pata nhi kaise? Ye sab govt ko pata nhi hai kya?
@@vksays4253Yeh BPL card bhi band karna chahiye. Uske jagah, Direct Benefit Transfer hona chahiye.
Raw (kachha) mango and paka ripe (sweet) mango should have different GST rates.
They can't have both are agriculture product
This is an excellent tutorial on GST by Ajay Rotti but Kushal really needs to pay attention. For example, right after Ajay repeatedly emphasized that there been only two cases of voting in GST Council, Kushal says that the FinMin should put out all the details of voting by states in public!
They should have only two brackets and both should be low. Sales tax must reduce to promote growth and demand in India and to bolster the economy. Rather than taxing on a smaller pie, the focus should be on enlarging the pie.
May be at the end of every podcast: conclude with 1) Key takeaways 2) What's in it for you 3) What can you do (like as an individual and/or businessman) like Ajay could've said businessman can deal with these issues by doing X Y Z
Bean counters can count beans but not the experience of coffees. Bean counters running a company or a country often end up ruining it
This government (& I wouldn't vote congress to save my life) is intent on slowly strangling the middle class Goose that lays the golden eggs. While having no coherent plan to get the 80 crore people out of benefits (that they require at present & I don't resent this) by providing training to get jobs. Demographic dividend, my foot, when 75% are a drag on the economy.
It's mind boggling that tax payers that are a miniscule proportion of the population pay more tax than corporates.
If congress they will charge GST on Hindus.
Kaunsa Maal Liya hai bhai Hindu Muslim politics Ek Jagah aur Tax lagana alag alag topic hai
@@BABAGAMINGS caste sensus only for hindus == redistribution of wealth, same as jaziya paid to muslims
@@BABAGAMINGS caste census for hindus == redistribution of wealth just like jaziya paid to mughals by hindus.
caste census for hindus == redistribution of wealth just like jaziya paid to mughals by hindus
Petrol sung k aaya kya??
Make a roast on Nirmala Sitharaman. Almost all middle class what a video on this. 😂
They want different voting power, they should stop looting the resources of purvanchal + orisha and North east region.
Also, give the payment for historical loots.
Try it, and you will find it. Your taxes revenue will dry up. Because your factories of primary sectors will go down. Your economy will follow the suit.
ankh band karke hatane ka tau pata nahi par ankh bandh karke lagate tau pakka hae .....
Why should namkeen get lower tax rate than chocolate? Why does the government want to privilege one over the other?
Because salt is an essential product. We don't have tax on salt since all population consume it everyday for coocking.
Sugar have 5% GST. So they put both into two different categories as per the state government suggestion.
You have to understand the economic situation of the country to categories such tax system. I really don't understand why people are so dumb in this country that they dont understand this things and just start abusing and mocking FM? It's serious so dumb.
@ So, salt is used by all people, but sugar is not used by everyone? Seriously?
The main point here is: this is about popcorn. That’s the main food. Not salt, not sugar. Why not then have a single rate for all popcorn, regardless of what’s put in it - salt, sugar, butter, vinegar or oil? Why not make it easy for businesses to comply with the tax code?
@patmclaughlin107 still you don't understand. Salt is an essential product not sugar. You can cook food without sugar but not without salt. This is based on reality of this country where people should be able to afford wheat, rice, salt atleast to feed themselves and that's what exactly you are not getting. So when they have already created catagory then states are saying why not put products with processed with salt in the same and not other products such as added sugar. This is for not you and other people but this is for people who deal in such products. Those demands are coming from industry and state and once states are agreed upon then GST council will take those decisions. Why are you bothering to care about in which catagory should such products came in or not?
And government have already reduced GST on namkeen before diwali so prices are not gonna change but the salted popcorn will be added into it.
People are making scene about such small things just to make emotionally fool people like you who don't understand the taxation system and increase their views by giving half news. Because abusing FM in the name of utter ignorance and without understanding economics is in trending in india it gave you lots of traffic on channel. Enjoy.
Why waste people's 1 hour when all you had to say was ki Modiji ki koi galti nahi hai, sab state(non bjp), municipal bodies(non bjp) ki galti hai.
1. Modi said One Nation One Rate. Now his chamchas are coming and saying one rate toh hona hi nahi chahiye. Kya hona chahiye? One Nation One election? Kyun? cause Modi thinks usse BJP ayegi
2. Agar sab ek jaise hi bekaar hai toh BJP ko hi kyun chune? kisi ko bhi chunte raho? Double Engine ke liye state mein non bjp ko kyun hataye? Center se BJP ko hata de, tab bhi double engine ho sakta hai? Ab Rotti ki Roti jal jayegi
3. Use 33% veto to push RSS agenda of hate in society and tax people on little things like popcorns and then come and cry ki state ne kiya.
4. Modi knew that gst will become a burucratic mess yet he pushed it because it gave more power to center and rember he vehemently opposed gst when he was state CM.
Modi and BJP is not running economy properly and are more concerned about electoral wins and infusing hate in society and even families. And they must be punished. Dusro se baaf me nipat lege pehle aapke jaise jahar ugalne wale doglo se jo dusre ki subsidy ko revdi kehte hai aur khud ki kursi ke liye ladki labahrthi ke naam pe revdi chalaate hai unhe niptana jaruri hai. In BJP's own line, Baksha nahi jayega.
gst council hai bhaai usko bolo, sab mile hue hai.
Kisiko bhi vote dena is not a solution. The system needs to be changed. Changing party in old broken system won't make a difference.
And hate is spread by Congress also. Between states, and between castes.
2:00 thank you ma'am aapko kitni fikar hain humaari health ki😁😅
Why not say sugar is unhealthy and will be taxed more.
Agree and disagree with Ajay on the pci.... Now if you take average per capita income then where are you putting your baseline? On the bpl line?? What kind of hell hole is that for the average income generator? Someone getting 50k per month would be in a middle class family(let's not go to a 50l per annum guy being included in middle class) he would have atleast 3 other people in his family.. He's definitely getting a car.
#FireNirmala
I and many guys like me who live and work in Rajasthan, where people die of heatwaves, where the poor families who live makeshift tents are allowed to sit in ATMs vestibuls in peak heat hours, AC is a life saver. It ain't luxury any more.
Do you even see the weather forecast from April end till July start?? People die here Kushal ji. Take this into consideration.
Exactly. Coastal states like odisha , Andhra literally become frying pans in peak summer. With the climate change the heat intensity has increased far more over the years . AC is not a luxury it's a necessity
Not another politician. Remember Tawade 😂
An accountant speaking whose job depends on making things more complicated defending this complicated shit. Any practical person would know that making things complicated discourages people from following it. Just ponder why despite great intentions our complicated regulatory regime has failed to encourage industry and also failed at ensuring compliance.
He looks the same IAS babu who thinks he can control the sun and moon motion with writing policy documents. Kushal please bring some real experts next time.
@@suyogpatil5842 True. All these folks are such control freaks.
This individual appears to be a government supporter.
When comparing GST issues across countries, it's important to also consider the quality of infrastructure funded by GST revenues in those nations.
Nirmala will come to our houses demanding for her part of money, even when we just flush our toilets.
We need mario's brother for sitaraman
Grea
Canada single rate is an eyewash. Ek burger khareed ke dekho. Pata chal jaayega gst ke baad aur kitne tax baithte hai.
Reduce adulteration, lessen pollution and you would improve health. Tax on caramel popcorn.. hmm
A sane, wise discussion. Thanks.
ನಮಸ್ಕಾರ ರಿ ರೊಟ್ಟಿ ಸರ್
Nirmala did a Rahul
Chor government
Im convinced this lady is clueless and bureaucracy is at fault With Modi
Because had she known E of economics her decisions hve been slow and disastrous
Why bjp walk the talk make it transparent... Unlike jaishankar said tell the world the truth and facts on fuel security then they (us n europe countries) will understand
obligation to pay taxes was a Blaise comment
. Your answer goes against very grain of a for the people by the people participative government . Ultimately do you want people ro bw aspirational and create wealth at all levels? If yes then Nirmala modi govt are at fault. Because hiding behind no outcome os unrelated tp taxes pe sab countries me hota hai , congress ne kiya tha just doesn't cut it. People voted in bjp as they wanted to cut socialistic models, corruption etc Btw GST targets and harassment to pay early mid month every month also creates distrust
Stop charging high tariffs on certain things like whiskey, popcorn and other stuff as a virtue signalling exercise, and just make the a system simple flat rate. Just think of the cost of the IAS babus you will need to employ to check and rubber stamp this nonsense. With uniform tariffs, India can go back to Trump and demand that the US reduces tariffs to the same rate as India charges. Under these conditions India will win.
Why are Indians Crying ??
Modi Govt has reduced GST BEYOND BELIEF.
I have never believed Oir govt will reduce rates like that .
Knowing that I have lived.under congress for ever with huge taxes
These BJP supporters who blame Modi govt --- hey you Bigots --- Why you don't bark against Congress govts which have the Higehst Rates and they keep on increasing Rates ...
See Ptrol rates , See Real state stamp duty rates
ये बीजेपी की नाव डुबो कर ही मानेगी। 😁😁
I heard this discussion. Let me tell you Mr Ajay does not look an expert. He is suffering from inferiority complex, and doesn’t have global outlook how other counties are actually run.
US is also giving EV credit but they have same Sales Tax for all kind of goods.
Ye BABU IAS KA KIA DHARA H
But modi loves his IAS babu's too much. I am convinced modi shah and the old guard except a few like jaishankar, all need to go in 2029. Yogi rightly deserves to become the PM in 2029.
Yogi knows how IAS babu's and institutions needed to be treated like.
Yogi will treat them like dogs and bulls to bring efficiency in this hell hole of a system