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FM Nirmala Sitharaman Blunts Opposition Attack On GST, Highlights Their Hypocrisy

#PreGSTTax #GSTTax #FMNirmalaSitharaman #GSTOnHealthInsurance #GSTCouncilMeeting Finance Minister Niramala Sitharaman was at her sarcastic best as she questioned opposition's demand for withdrawal of the 18% GST on health insurance premiums. Calling the demand "thoroughly amazing", she asked the opposition to bring the proposal to the GST Council through their states' finance ministers. The finance minister slammed the opposition for politicising the issue in Parliament and asked if the members had written to the finance ministers of opposition-ruled states to withdraw the tax. She also said that amendments pertaining to GST have to be made in the GST Council, which is a constitutional body, and added that these amendments don't come through Parliament. The opposition has vehemently raised the issue of 18% GST on medical insurance premiums, blaming the union budget for the tax. In an important revelation, the finance minister said that the matter was discussed thrice in the GST Council meeting. The council discussed the matter at its 31st meeting, 37th meeting, and the 47th meeting. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today  

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