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The idea of GST: RIP says Former Finance Minister P. Chidambaram

Last updated: 02 June 2021


The Former Finance Minister P. Chidambaram on Wednesday, 2nd June 2021, took to his Twitter handle to lay down GST in 10 points. Given below are his official Tweets.

Here is a ten point guide to understand GST

1. GST started as a good idea

2. BJP converted it into a bad law

3. It was notified with horrendous rates of tax

4. The law was applied as though tax-collecting officers were hounds hunting foxes

5. Every businessperson was suspected to be a tax evader

6. The GST Council was reduced to a talking shop

The idea of GST: RIP says Former Finance Minister P. Chidambaram

7. The GST Implementation Committee (consisting of officers) became the tail that wagged the dog

8. The FM treats the GoM as an extension of the NDA and its supporting parties

9. All FMs who express a contrary view are treated as errant schoolboys

10. The idea of GST: RIP


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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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