Freezing of GST rate: Congress shows first signs of a thaw

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Want Govt to ringfence rate, says Anand Sharma; divide surfaces in CWC

There are signs of a thaw in the Congress’s strong resistance to the passage of the Goods and Services Tax with the principal Opposition party open to discussing its most critical demand of a cap on the tax rate in the Constitutional Amendment Bill.

GST is a significant indirect tax reform which is estimated to add 1-1.5 per cent to the country’s economic output.

“We want an assurance from the government on ‘ring-fencing’ of the tax rate… Let the government come with options,” Anand Sharma, deputy leader of Congress in the Rajya Sabha told The Indian Express. When asked to elaborate, he said, “Let them (the government) talk to us.”

Source:http://indianexpress.com/article/india/india-news-india/freezing-of-gst-bill-rate-congress-shows-first-signs-of-a-thaw-2902432/

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