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00:00by the rich, for the rich.
00:30income tax, excise duty, sales tax, which we saw later in the form of VAT,
00:37we used to get income from that too.
00:40But through some figures, I would like to tell you what the current situation is.
00:46Why is it being called off the rich, by the rich, for the rich?
00:54I was also surprised to see these figures again
00:59that today, 10% of the country's population is of the upper class.
01:09Guess with the help of GST, how much percentage is being contributed by Rajasthan?
01:163%.
01:23The richest 10% of the country's population,
01:31through GST,
01:34is contributing only 3% to the country's development and other activities.
01:44While the lowest 50% of the country's population, 64%,
01:51is contributing in GST.
01:54Why is it being called off the rich, by the rich, for the rich?
01:58The tax structure that has been made,
02:01and it is being said again and again that the gap between the rich and the poor is increasing.
02:05Why is this happening?
02:07For the rich, the tax burden is less.
02:13And for those who are able to collect less income,
02:18the burden of paying the income is increasing.
02:25Meaning, they are saving less money to run their family,
02:30and the upper class is saving more money.
02:363% tax for 64%.
02:3910%, 50%, even 5%,
02:43so 15% and 64%.
02:46This is the contribution, and this is the reason
02:50that the rich are saving more money to live better.
02:58They have two cars, so they can buy four cars, etc.
03:01And the lower 50% of the country's population,
03:07they don't have money to run their family.
03:10You can understand the amount of tax that will be imposed.
03:13All this money is spent on the things that they are buying.
03:17And they have less money to run their family.
03:23And it's not just the poor,
03:26the middle class is also included in a large number.
03:31So this is the situation of the country today.
03:34The way the GST law was implemented,
03:38we all saw that the joint session of parliament,
03:42like when the country was called for independence,
03:45a session was called on the same platform.
03:48Assume that God knows which revolutionary system
03:51the government of that time is going to restart in the country.
03:55And in the law that was brought at midnight,
03:59in the span of so many years,
04:02more than 1000 amendments have been made.
04:05More than 1000 amendments have been made.
04:08The business people have online facilities to say,
04:15do I pay my GST return online?
04:20Can I pay without a CA?
04:24I can't pay.
04:26So an ordinary citizen who has to pay GST,
04:29today he is forced to go to a CA,
04:32give him fees and then pay his return,
04:35even if it is nil.
04:37And the hardware and software that you have to keep in your shops,
04:41so many types of materials come to a shop,
04:45of which you have to keep an account of the sale and sale.
04:49And according to that, you have to pay your return for the sale.
04:54So all of you,
04:56small and big, it doesn't make much difference.