GST is anti-small traders: Lalu Yadav

Image
ANI Ranchi (Jharkhand) [India]
Last Updated : Jun 30 2017 | 8:22 PM IST

Rashtriya Janata Dal Supremo Lalu Prasad Yadav on Friday branded the Goods and Services Tax (GST) as 'anti-small traders'.

Talking to reporters here, Lalu said, "The GST is anti- small traders. There are many anomalies in the new tax regime and that is why protests are being reported from many parts of India."

He took a dig at the celebrations from today midnight over the rollout of the GST at the Central Hall of the Parliament by Prime Minister Narendra Modi led National Democratic Alliance (NDA) government.

"The GST was passed by everyone and they (BJP) are celebrating it. Let them celebrate," Lalu said, whose party boycotted the launch of the GST on Thursday.

It was the Mamata Banerjee led Trinamool Congress that first boycotted the GST rollout. Later, many Opposition parties like Congress, Samajwadi Party, and the Left too decided to skip the midnight event.

The Opposition's charge is that the government is in a hurry to implement the new tax regime when there are many shortcomings in it that need more time.

They have also alleged that Modi government is doing publicity stunt in the garb of the GST rollout.

Prime Minister Narendra Modi, in the presence of President Pranab Mukherjee, on Friday midnight will unveil the GST which will replace more than a dozen state and central taxes.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 30 2017 | 8:22 PM IST

Next Story