Govt is ready to accept Congress'demand on GSL Bill

Q: Center is agreed to accept demands set by the opposition Congress party to back a landmark tax reform, raising hopes a political stand off that blocked the measure throughout last year might be resolved.

sadhana,

8th January 2016

Real estate News in Mumbai

venkaiah naidu

gst bill

goods and service tax bill

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Replies (3)

I completely agree with Ashish that 18% GST will skyrocket the inflation and hence it is against the poor people. If Congress is not willing to support GST it may be because it wants to do tit-for-tat for the reason that BJP oppose GST when Congress was in power.

Bhuvan, Delhi-NCR

11th January 2016

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Even i heard that Naidu met Congress leader Sonia Gandhi to bring the government's decision. But Sonia Gandhi didn't assure him of her party's support. She said that she will discuss among themselves and take a final decision.

Aneek Das,

11th January 2016

Comment

Congress want that the Government to cap the GST rate at less than 20%, scrap a proposed state tax and create an independent mechanism to resolve disputes on revenue sharing between states.

Awar Ali,

11th January 2016

Is it a cat and mouse game, this passing of GST Bill. First UPA brings GST Bill - BJP opposes. Next BJP brings GST Bill, Congress (part of UPA) opposes. But what about the citizens of India? Who cares! If its the rates of GST that Congress is opposed to, it must get down to educating people of India the implication of such rates rather than wasting every one's time on what appears as only ''opposition for sake of opposition'' & nothing beyond.

Ashish Bhoite, Mumbai

11th January 2016

Yes, i think so. But it will be only possible if Congress supports the measure. Parliamentary Affairs Minister Venkaiah Naidu is saying that Government is willing to bring forward the next Parliament session to pass the proposed goods and services tax Bill.

Aneek Das,

11th January 2016

Comment

And this proposed tax will be the India's biggest revenue change since Independence in 1947. This would seek to replace a cut down of federal and state taxes, transferring the nation of 1.2 billion people into a customs union.

Ashish Bhoite, Mumbai

11th January 2016