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PM Narendra Modi: Government bringing Stringent Consumer Protection Law

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Prime Minister Narendra Modi during a speech. IANS
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New Delhi, October 26: Prime Minister Narendra Modi on Thursday said the government was in the process of enacting stringent legislation aimed at protecting consumers along with setting up a Consumer Protection Authority (CPA).

“Consumers’ protection is this government’s priority. We are in the process to bring a new law on consumer protection keeping in mind the need of the country and business practices here,” Modi said at an International Conference on Consumer Protection for East, South and South-East Asian Countries.

“We are in the process of forming a Consumer Protection Authority, which will have executive powers, for immediate redressal.”

The rules were being streamlined to solve consumer problems in less time and at less cost, he added.

“The stress is being given on consumer empowerment. Strict provisions are being contemplated against misleading advertisements,” Modi said.

He said India was among the few countries which had enacted a law a year after the UN adopted guidelines on consumer protection in 1986.

The Prime Minister also said the prices of commodities were set to go down and consumer protection for their interest effects due to the implementation of the Goods and Services Tax (GST).

Due to the GST, the competition among companies was going to increase. So prices will go down. It will help consumers from lower middle class and poor sections,” Modi said.

“Earlier, transportation by trucks would take five days but it has come down to just three three days now as checkposts on borders have vanished after the GST. It means transportation cost has gone down. This is going to be transferred to consumers,”

Taking a dig at those opposed to the GST, he said: “Some people may be taking advantage of the lack of awareness. However, the benefits will be transferred (to consumers) in days to come.”

Talking about the conference, Modi said: “It shows how seriously we take the needs of our citizens and how we strive hard to solve their problems”.

“It is the first conference in the region, where everyone is trying in their own ways to save the interest of consumers. However, we have to keep in mind that the world is going towards a single market,” Modi said.(IANS)

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Filing GST Returns Too Taxing

It has made it mandatory for tax payers to file the income tax return by 31st of July. In case of the delay, the fine of Rs. 5000/- per file is being imposed

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GST
GST is one of the strongest step taken in the direction of Digital Technology.

By Salil Gewali

No doubt the NDA government in the center brought about remarkable changes in the market and the fiscal policy. One of those includes GST with a strong backup of the digital technology. No one would disagree that this will contribute immensely to the nation building and boosting its economy. Many world economists are lauding the India’s move in this direction. Well, for all such dramatic changes our techno-savvy PM Modi’s relentless dedication and innovation is highly praiseworthy.

But, however, there are “murmurs of dissatisfaction” among the middle-class traders these days. The displeasure expressed by the business community is all about the government’s rigid diktat for the GST filing. The administration is apparently putting the hard squeeze on the middle and upper middle class traders and entrepreneurs to file GST “before 20th of each month”. In case of a delay, the penalty of Rs 50/- per day is slapped which is a huge disappointment. How on earth does the government expect each trader to have the computer knowledge? Most of the small traders have not yet touched the desktop. So, they all rush to the nearby tax professionals to do the job. Just imagine how a few tax experts in the town match up to the countless GST payers. Can ten thousands sick patients be treated by one single doctor in a short span of time? This is totally impractical.

GST
The displeasure expressed by the business community is all about the government’s rigid diktat for the GST filing.

Each tax expert has to file the return for the minimum 300 to 800 clients per month and that number is increasing by leaps and bounds. The traders are required to keep the detail account of all sales and purchases throughout the month for which they have to bear a good deal of incidental expenditures. Many erroneous entries are usually made in the filing of GST, but once the file submitted that can’t be revised. Usually, the last two days of the GST filing is a nightmare. Because the site is clogged due to heavy traffic. Does the government want the small traders being harassed and bugged out thus? Mere imposing the hard regulations will never yield the positive result.

There is another shocker of this government. It has made it mandatory for tax payers to file the income tax return by 31st of July. In case of the delay, the fine of Rs. 5000/- per file is being imposed. This is indeed a cruel imposition that might just bruise the confidence of obedient tax payers. Given the literacy rate and very poor “professionalism” in India, such hard decrees by the government only make the citizens more annoyed than happy. Here I intensely doubt if it is the BJP government that wishes so much hardship upon the public. Is it not trusting 1.25 billion Indians, as touted by our astute PM Modi, who all have been standing for him through thick and thin? I think the finance ministry immediately needs some overhauling for the interest of the general public.

Salil Gewali is a well-known writer and author of ‘Great minds on India’. Twitter: @SGewali.