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

Dharmendra Pradhan tenders resignation

Dharmendra Pradhan, education minister at the centre of the storm of the NEET paper leak, offered his resignation to the prime minister on Saturday.   He posted a two-page letter on X, saying he was pained by the events of the last ten days. "This is not a matter of personal

Cabinet approves scheme of chemical parks

The union cabinet chaired by the PM has approved Bharat Audyogik Vikas Yojana Rasayan or BHAVYA - Rasayan Scheme for establishing three dedicated Chemical Parks in the country. The Scheme was announced in the Union Budget of FY 2026–27.   The Scheme will have a total financ

Anurag Jain, IAS appointed as Chief Executive Officer, NITI Aayog

 Anurag Jain, a 1989-batch IAS officer of the Madhya Pradesh cadre, has been appointed as the Chief Executive Officer (CEO) of NITI Aayog for a two-year term after serving as the Chief Secretary of Madhya Pradesh. A distinguished administrator with extensive experience in infrastructure, industrial de

Shri Ashok Barnwal, IAS has been appointed as the Chief Secretary of Madhya Pradesh

 Ashok Barnwal, a 1991-batch IAS officer of the Madhya Pradesh cadre, has been appointed as the Chief Secretary of Madhya Pradesh, succeeding Anurag Jain following his appointment as CEO of NITI Aayog. Prior to assuming the state`s top bureaucratic position, Barnwal served as Additional Chief Secretar

PM announces fast-track courts for paper leak cases

Prime minister Narendra Modi on Thursday stated that the government has decided to set up fast-track courts to ensure swift and stringent punishment for those involved in paper leaks. Emphasising that nothing is more important than the welfare and future of the youth, he noted that h

Making India’s textile & apparel sector sustainable

India’s textile and apparel sector sits at the heart of the economy but is constrained by traditional manufacturing approach. It contributes close to 2% of GDP and around 11% of manufacturing gross value added, with GDP share expected to reach 5% by the end of the decade. The sector employs around 45

Upcoming Conferences





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter