Reading in the news that the Government is considering increasing gst rate from 5% to 6% for items in this bracket? Issues - Since the difference is small, will be very difficult to catch profiteering. Also, most of the items in 5% category affect common people and the poor. by increasing gst, wont the pinch be more esp since people are already struggling with high veggie prices, hit on earnings due to farm distress etc.
Please think this through FM. more