Rebirth for GST bill as govt accepts Cong terms for its passage

Parliamentary affairs minister Venkaiah Naidu meets Cong chief Sonia Gandhi to discuss the legislation

GN Staff | January 7, 2016


#gst bill   #goods and servics tax   #venkaiah naidu   #sonia gandhi   #congress  

The all important GST bill (goods and services tax bill) may get passed soon with the government agreeing to the conditions set by the Congress party to support the landmark tax reforms legislation.

Parliamentary affairs minister Venkaiah Naidu today met Congress president Sonia Gandhi and sought cooperation for the early passage of the crucial GST bill and the Real Estate bill. Naidu conveyed that the government was ready for an early budget session if the parties agree.

Naidu drove down to the residence of Sonia Gandhi at 10, Janpath here early today and held discussions with her for about 20 minutes during which the Congress president is learnt to have asked him about the government's view on the three main suggestions given by the Congress on GST.

“Sonia said they (Congress) will discuss among themselves and take a final decision,” Naidu said. The Congress press team was not immediately available for comment.

The Congress party, the original author of the tax reform, has opposed what it calls the “flawed” version now before Parliament, where it has been able to block a key constitutional enabling amendment in the upper house. It wants the government to cap the GST rate at less than 20%, scrap a proposed state levy and create an independent mechanism to resolve disputes on revenue sharing between states.

Regarding the Real Estate bill, Naidu told Gandhi that as decided by Congress and other parties, the Bill was referred to a select committee of Rajya Sabha and the government had accepted almost all recommendations of the committee.
 

Comments

 

Other News

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said:

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter