Parliament’s monsoon session from 18 July: Govt hopes to pass GST Bill

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The Cabinet Committee on Parliamentary Affairs (CCPA), headed by Home Minister Rajnath Singh, on Wednesday recommended holding of monsoon session from 18 July to 12 August.

The government will seek to ensure that the bill on Goods and Services Tax (GST) gets passed in the upcoming session, Parliamentary Affairs Minister Venkaiah Naidu said on Wednesday.

“We held a meeting of the Cabinet committee on Parliamentary Affairs. The prime minister (Narendra Modi) presided over the meeting. We were all in favour of bringing the GST Bill in the monsoon session of Parliament,” Naidu said.

“There is a lot of consensus on the issue. There are some concerns as well. Both myself and the finance minister (Arun Jaitley) will speak to political parties. The prime minister has already said he is ready to talk to political leaders,” the minister said after the meeting.

“We feel this is a very important bill and we do hope it will be passed in the monsoon session.”

The government has already missed the target of implementing the GST regime from 1 April this year in the wake of stiff opposition to the tax reform measure by Congress and some other parties.

Finance Minister Arun Jaitley had recently claimed that almost all the states have agreed to support GST.

After a meeting of State Finance Ministers in Kolkata recently, Jaitley had said that except Tamil Nadu, which has some reservations, all other states favour the proposed legislation. Even the Kerala government has not made it’s stand clear.

The GST is being touted as a key tax reform measure by the Modi government which will help give a fillip of 1 to 2 percent to the country’s GDP.

The bill has already been passed in Lok Sabha.

Source: http://www.firstpost.com/politics/parliaments-monsoon-session-from-18-july-govt-hopes-to-pass-gst-bill-2862508.html?utm_source=FP_CAT_LATEST_NEWS

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