00:00What happened today is wrong and sad at the same time.
00:05In a series of amendments, as always, the Speaker used to vote.
00:17Everything was going well, but in between,
00:21MP N.K. Premchandran's amendment was not put forward for voting.
00:31It was not taken into consideration.
00:35Even though he was standing in front of the people,
00:40the amendment was passed by the Finance Committee on behalf of GST.
00:45In the case of GST, when there was no decision in the GST Council,
00:54how could it be taken into Parliament for voting or consideration?
01:00Or could it be passed through the Finance Bill?
01:05So, I think the Honourable Member was not rightly informed.
01:10He should have taken the amendment from the GST Council.
01:17But the Speaker did not take it.
01:21Because it is a GST matter, it should have been discussed in the Council.
01:26That is why I believe that today,
01:29everyone was looking for a solution to the GST medical insurance service tax issue.
01:38Everyone was looking for a solution to the GST medical insurance service tax issue.
01:47On the subject of this amendment,
01:50how my amendment was not taken up, etc.
01:54They went out, walked out and left.
01:58They did not contribute to the Finance Bill.
02:03I am saddened that senior members and all of us believe that
02:10Mr. N. K. Premchandran's amendment on the GST issue by the Finance Bill is not right.
02:21The GST Council is a big body constitutionally.
02:24State Ministers also sit in it.
02:27First of all, that amendment is not the right amendment.
02:30They should not have come here.
02:32It should have been in the GST Council.
02:35I think it is an afterthought to walk out of this by making an excuse like this.
02:42Because they do not have an answer to everything.
02:50Not only partially.
02:51We have received a lot of input on the property indexation after presenting the budget.
03:00Listening to those voices,
03:02the Prime Minister wanted to give relief to the middle class.
03:08That is why the position we have taken is also there.
03:13And with the new indexation,
03:16the property purchased before 23 July 2024,
03:22in the direction of capital gains,
03:25you should also use the indexation.
03:27You should adopt a system in which you have to pay less tax.
03:37This is how we are giving options for the middle class.
03:40This is also there, that is also there.
03:42You choose the system that has a lower rate than both.
03:46This option was given by the Prime Minister as an option for the common people.
03:53You should adopt a system in which you have to pay less tax.
03:58This option was given by the Prime Minister as an option for the middle class.
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