HRZD Ragav Chanda schooled by FM.
Moron was last seen waging fingers on GST levied on local hotels around Golden Temple Amritsar.
What if demand stay same, than govt gets higher taxes ....he is not entirely incorrect either. Remember GST is levied as Percentage of MRP.
Rest, I agree. typically demand goes down with inflation but it depends on lot of factors. For eg.. Daily use items.. Irrespective of inflation, people will buy them and govt makes more in GST.
Another example is cars ...OEM's are raising prices by 1 % to 3% each quarter because there is a huge demand. waiting periods for a normal car is in 6 -9 months and likes of XUV 700 have a 1-2 years waiting, So despite inflation...people are buying .
Obviously there are factors at play but i see it wrong that Tai is mocking him. She shud be thanking the god that she did not faced headwinds like her predecessor & had a smooth sailing so far.
without going into merit.., for Golden temple goes... I think he was objecting to GST being imposed in Sarai run by SGPC near Golden temple... I have stayed in such many times.. and the revenue helps in them being self sufficient and charges are very nominal...