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Goods and Services Tax Bill News

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Launching a scathing attack on Narendra Modi government over the 2016 demonestisation move, Congress vice president Rahul Gandhi on Tuesday said November 8 will be observed as a 'sad day'.
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The Delhi government on Monday flagged off six mobile vans that will go across city markets to raise awareness on the Goods and Services Tax (GST) and address concerns of traders regarding the new tax regime.
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A special two-day session has been convened for the passage of the bill on May 26
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The Parliament had on April 6 passed four legislations to pave the way for nationwide roll-out of GST from July 1.
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Giving credit to an aspirational society for forcing politicians to support reforms, Finance Minister Arun Jaitley on Sunday said Indian economy has defied global slowdown and geo-political tensions and is now poised to seize the opportunity to grow faster.
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Bollywood superstar Shah Rukh Khan, by his own admission has limited understanding of the “financial stuff” but he is thrilled as the GST Bill would help India turn into world's biggest single market.
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 Bihar Chief Minister Nitish Kumar met Finance Minister Arun Jaitley after which he offered JD (U)'s support to the legislation.
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Parliament's Monsoon Session began on Monday, with the Rajya Sabha holding a discussion on the Kashmir unrest issue.
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Tomorrow's meeting will put PM Narendra Modi and all those leaders, who have often accused the NDA government of acting like a wrecking ball for them, in the same room.
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The government will seek to ensure that the bill on pan-India Goods and Services Tax (GST) will be passed in the upcoming session of Parliament, scheduled from July 18 to August 12, Parliamentary Affairs Minister Venkaiah Naidu said on Wednesday.
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The Cabinet Committee on Political Affairs (CCPA) met on Wednesday and recommended holding of Parliament's Monsoon Session from July 18 to August 12.
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Among the bills pending in the Rajya Sabha is the Goods and Services Tax Bill, moved in the Upper House in August last year after it was passed by the Lok Sabha.
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Medium-term growth prospect of the Indian economy is improving, and with the GST Bill likely to be passed later in the year, it will only improve further, says an HSBC report.
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With Mamata Bannerjee set to assume her chair for the second term as West Bengal Chief Minister, the ruling BJP might see a revival of hope for the passage of the Goods and Services Tax (GST) Bill –that has been pending for a very long time.
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Finance Minister and senior Bharatiya Janata Party (BJP) leader Arun Jaitley on Saturday took a dig at former prime minister Manmohan Singh saying that at present India has a Government where the PM has the last word.
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The Bharatiya Janata Party (BJP) on Sunday flayed Congress vice president Rahul Gandhi for his remarks on the Goods and Services Tax (GST) bill passage, saying it was an attempt to prove his presence in the country since he has been on a holiday.
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Naidu told Sonia that if required, the government will like to advance the Budget session of Parliament for early passage of these bills if political parties agree to it.
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Castigating Congress strategy of disrupting Parliament session after session, Finance Minister Arun Jaitley on Thursday said the party should rue over the fact that "disproportionate and irrational" approach was hurting institutions.
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Finance Minister Arun Jaitley on Wednesday expressed hope that the GST Bill, which is currently stuck in Rajya Sabha, will be passed next year.






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