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GST Designed to Be Fair and Pro-Poor, Says FM Nirmala Sitharaman in Lok Sabha Finance Minister Nirmala Sitharaman, in a strong defense of India's GST framework, emphasized in the Lok Sabha that GST is structured as a fair, non-discriminatory and pro-poor tax system. Highlighting the core principle behind GST, the Finance Minister explained that it is an indirect tax applied uniformly across consumers, regardless of income levels. "GST is not based on who you are, but on what you consume," she
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FAQ :
No, GST is a consumption-based tax, meaning it is applied uniformly to goods and services regardless of an individual's income level. The principle is 'what you consume,' not 'who you are'.
Essential commodities that are predominantly consumed by the masses are either fully exempt from GST or taxed at very low rates to safeguard economically weaker sections.
Basic food items such as rice, wheat, pulses, atta, fruits, vegetables, milk, and eggs continue to be exempt from GST.
Items like tea, sugar, edible oils, and affordable clothing are taxed at a minimal rate of 5%.
Finance Minister Nirmala Sitharaman clarified that imposing tax rates based on an individual's income at the point of purchase is neither practical nor feasible.
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