In Meet With Corporate Leaders, Rahul Gandhi Discusses GST, Job Creation

Congress president Rahul Gandhi on Tuesday met some corporate leaders here and he was believed to spoken on a range of issues, ranging from GST to job creation.

Congress President Rahul Gandhi today slammed the Goods and Services Tax as "Gabbar Singh Tax" and said that one slab GST would be implemented when the "Congress party-Government" comes to power at the Centre.

Finance Minister Piyush Goyal on Sunday said that many big nations don't have the courage to implement a tax reform like the Good and Services Tax (GST).

The IT backbone of the Goods and Services Tax was not given enough time to prepare a system to the satisfaction of the GSTN which led to the glitches in the implementation of the new tax regime, a top official said.

Karnataka BJP unit today urged the Centre to bring down the GST on pan masala to 5 per cent from the existing 18 per cent and also hike the minimum import price (MIP) of arecanut to Rs 300/kg to save domestic growers reeling under the crisis due to lower prices.

Finance Minister Piyush Goyal today said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises.