The post is about individuals.

You have mentioned the tax paid by a corporate on behalf of all shareholders. Even I am a shareholder of Reliance. 

Every individual has almost the same needs. Hair and body to wash with soaps and shampoo, 32 teeth to clean with tooth paste and toothbrush, dress and footwear to wear and a house to live in.

The minimum food-calorie intake needs by individuals too are almost same - 2 Rotis, 3 idli, a bowl of Poha etc.

One purchase of each of these, each person pays the same GST.

The GST rate has no connection with the Government's actual contribution in making the items available to the individual.

Colgate is an example of a popularly used brand in toothpaste. Almost anyone can relate to that.

In India, most people earn significantly less than the average annual income of ₹2.3 lakhs, which is equivalent to less than ₹20,000 per month. 

Here are some other statistics about income in India: 

Top 1%: The top 1% of Indians earn 23 times more than the average Indian, with an average annual income of ₹53 lakh. 

Bottom 50%: The average income of the bottom 50% of Indians is ₹71,000. 

Middle 40%: The average income of the middle 40% of Indians is ₹1.65 lakh. 

Blue-collar workers: Over 57.63% of blue-collar jobs in India pay ₹20,000 or less per month. 

Lower-middle class: The average monthly income of the lower-middle class in 2024 is ₹35,000 in metros and ₹32,000 in tier-1 and tier-2 cities. 

My position is that basic needs of an individual broadly remains the same. Is 2 Rotis are enough to manage the hunger, the appetite at a better income may at most add to another 2 more Rotis. 

Similarly is the requirement of the number of soaps and shampoo, or tooth paste and brush etc. irrespective of your financial status.

Every time you buy these essentials, irrespective of the financial status, you pay the same GST amount to the Government.

Specific to the High volume of revenue generated by the Government through GST, the largest contributors to the kitty are the poor people of India.

The role of the poor in financial contributions to the Government's revenue is NEVER admitted by the Government. 

Accountability of the Government to explain to the poor, about how this GST was spent and for whose benefit is never done.

When the PM and other top leaders spend most of their time hugging and felicitating the rich-and never ever the poor, it gives an impression that the vast majority of India, which is poor, do not deserve the recognition that they need.

The money in the banks are disproportionately made available to Only the Rich in form of loans and grants.

Rs 12 lakh crore loans to corporates were written off in 10 years. 

However, banks have recovered only 18.70% of these loans, or ₹185,241 crore. 

This means that banks have not been able to recover 81.30% of the loans written off.

[During the same period the total of farmers loans written off is ₹4.7 Lakh Crores]

My argument is that every single citizen contributes to the revenues raised for meeting the Government expenditure. Including the poorest of the poor.

But they have NO voice or power to gain benefits from their contribution.

Simultaneously, our banks bend and prostrate at the feet of the super rich 1% population to offer them any amount of loans, write off a substantial amount and then as a token, recover less than 20% of the written off amount.

Sir, if you are not convinced, then you try to take a personal loan or a home car loan, and default in repayment for 3 months ... and then see where you land up. Let me know if the banks were sweet enough to write it off and invite you for further loans.

The post of colgate toothpaste and the GST collection is a simpler narrative to make people debate on such important matters.

I hope you are able to understand the position I have taken through my post.