This affects you, me – everyone. But what can we do about it?
Let’s find out.
Recently, Nirmala Taai increased GST on profits earned by car dealers from reselling used cars.
Let’s say you sell your car to a dealer for ₹ 9,00,000, and they resell it at ₹ 12,00,000, the dealer will have to pay 18% GST on the ₹ 3,00,000 profit.
Even for used EVs, the GST rate has increased from 12% to 18%.
The Government keeps increasing GST rates in the name of standardization.
But think about this – if standardization was really the goal, the government could have lowered the 18% slab to 12%.
Why increase GST rates all the time?
Especially when ₹77,000 crore worth of cars sits idle in inventories because people can’t afford them.
If tax rates dropped, more people could buy, businesses would thrive, and eventually, income tax collections would rise, too.
But apparently, Nirmala Taai has a different idea.
What could be the real motive behind raising GST rates—again and again?
