West Bengal Chief Minister Mamata Banerjee on Sunday claimed that the Centre was taking undue credit for lowering GST rates, though the move was initiated by the state.
Her statement came after Prime Minister Narendra Modi, in an address to the nation, said a “GST savings festival” will begin from the first day of ‘Navratri’ on Monday, which, coupled with the income tax exemption, will be a ”double bonanza” for most people.Without naming the Prime Minister, Bannerjee said, “We are losing Rs 20,000 crore as revenue, but we are happy about the lowering of GST.
But why are you (Modi) claiming credit for it? We had sought a lowered GST. It was our suggestion at the GST Council meeting with the Union Finance Minister (Nirmala Sitharaman.”
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
