FreeCurrencyRates.com

इंडियन आवाज़     13 Apr 2024 12:08:03      انڈین آواز

Cong’s suggestions not in larger interest of GST structure: Jaitley

(Last Updated On: 25/11/2015)

AMN /

Union Finance Minister Arun Jaitley has said Government is willing to reach out to the Congress-led opposition parties on the Goods and Services Tax (GST) Bill. Speaking at annual meet of an industry chamber in New Delhi yesterday, Mr. Jaitley, emphasised that some of the suggestions made by the Congress were not in the larger interest of the GST structure.

He, however said, government is willing to discuss their concerns and has no difficulty in reaching out to the Opposition.

Responding to the comments, former finance minister P Chidambaram tweeted this morning: “FM’s confrontational speech at ASSOCHAM not the best way to reach out to opposition on GST.”

The sparring sets the tone for an all-party meeting today on GST, which will create a single market in India for the first time since independence and is expected to boost the economy.

The government aims at rolling out the new regime from April 1. The Congress blocked the GST Bill in the last session of Parliament over its demand that a revenue-neutral rate not higher than 18 per cent be mentioned in the Constitution Amendment bill.

 

The government is keen on getting the Constitution (Amendment) Bill passed in the winter session of Parliament that begins tomorrow so as to meet its April 2016 target date for rolling out the indirect tax regime. Mr. Jaitley also questioned Congress’ stance on changing the dispute resolution mechanism, arguing that none of these positions was part of the Bills moved by P. Chidambaram and Pranab Mukherjee when they were Finance Ministers in the UPA government.

Prime Minister Narendra Modi has also exuded confidence and hoped the GST regime would roll out in 2016. Mr Modi was speaking at the India Singapore Economic Convention in Singapore yesterday.

Leave a Reply

Your email address will not be published.

خبرنامہ

PATANJALI CASE: سپریم کورٹ نے بابا رام دیو کی معافی قبول کرنے سے انکار کر دیا۔

SOCIAL MEDIA نئی دہلی: سپریم کورٹ نے بدھ (10 اپریل 2024) کو ادویات کے ...

سپریم کورٹ نے گمراہ کن اشتہارات پر پتنجلی آیوروید اور بابا رام دیو کی سرزنش کی۔

AMN / WEB DESK سپریم کورٹ نے گمراہ کن اشتہارات کے معاملے میں منگل ...

سپریم کورٹ نے ایم پی سنجے سنگھ کو ضمانت دی، ای ڈی نے مخالفت نہیں کی۔- sanjay singh

نئی دہلی: عام آدمی پارٹی کے رکن پارلیمنٹ سنجے سنگھ کو دہلی ای ...

MARQUEE

Singapore: PM urges married Singaporean couples to have babies during year of Dragon

AMN / WEB DESK Prime Minister of Singapore Lee Hsien Loong has urged married Singaporean couples to have ba ...

Himachal Pradesh receives large number of tourists for Christmas and New Year celebrations

AMN / SHIMLA All the tourist places of Himachal Pradesh are witnessing large number of tourists for the Ch ...

Indonesia offers free entry visa to Indian travelers

AMN / WEB DESK In a bid to give further boost to its tourism industry and bring a multiplier effect on the ...

MEDIA

 Sheyphali Sharan Takes Charge as PDG of PIB

AMN Senior Information Service Officer Sheyphali B Sharan today took over the charge of Principal Director ...

Noted Journalist Zafar Agha Passes Away

Journos shocked over his demise AMN / NEW DELHI Noted journalist and and the Editor-in-Chief Nation ...

RELIGION

Mata Vaishno Devi Bhawan Decorated With Imported Flowers Ahead Of Navratri Festival

AMN In Jammu, ahead of the festivl of Navratri, Katra and Mata Vaishno Devi Bhawan is decorated with import ...

Holy Relics of Lord Buddha Return to India After Exposition in Thailand

AMN The holy relics of Lord Buddha and his disciples Arahant Sariputta and Arahant Maha Moggallana has ret ...

@Powered By: Logicsart