0039 Breaking Down Modi’s GST Reform and Political Ripples

Truth N Trends

Prime Minister Modi has introduced sweeping GST reforms aimed at boosting domestic consumption, while the Parliament is alive with fierce debate over a controversial constitutional amendment. In this episode of Truth N Trends, Deepak breaks down what’s changing and what citizens should watch for, with Sonia asking the big questions.

Transcript

00:00deepak will break down modi's big gst reform and the political showdown it's causing deepak over

00:14to you thank you sonia friends there's a major tax announcement this week that could directly

00:19affect your wallet and the political tensions are heating up let's unpack it so what's changing

00:25with gst exactly the gst structure has been simplified from four slabs to two daily use

00:31goods now attract just five percent gst while items like tobacco will go up in some cases up

00:37to 40 percent to offset the revenue impact that's a big cut how many rates are being removed the 28

00:44percent slab is being abolished entirely and many items previously at 12 percent are now in the lower

00:50bracket this aims to boost consumption and ease the tax burden will this actually make goods cheaper

00:56for everyday folks early responses suggest yes products like electronics groceries and household

01:02items should see price reductions making life a tad lighter on your pocket but there's political

01:08noise around a constitutional amendment too exactly the controversial 130th amendment proposes that any

01:15p.m. cm or minister imprisoned for 30 days even without conviction could lose their post that sounds

01:23pretty sweeping what's the opposition saying they call it draconian pointing out how it bypasses judicial

01:30process and could be misused politically especially targeting opposition leaders on the foreign front

01:36there's also news about putin visiting india by year end yes a russian embassy official confirmed that

01:42president putin is expected to visit new delhi soon an important diplomatic development amidst global

01:49shifts so for indian citizens what should we be watching right now keep an eye on these reforms

01:54they might ease your daily budget but stay alert to political changes that affect rule of law and

01:59democratic norms balance is key thank you deepak stay informed think critically and keep questioning power

02:06jay hind jay hind jay hind

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