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'I Beseech You, Clear GST Bill': Fi |
'I Beseech You, Clear GST Bill': Finance Minister Arun Jaitley's Appeal Wins Congress Support
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INDIA
, 5-May-2015
6:50:13 AM |
In major relief for the government, the Congress has said it will support the Goods and Services Tax bill, which means it will clear Parliament with the two-thirds majority needed for a constitutional amendment.
Finance Minister Arun Jaitley today said in Parliament, "I beseech you, clear GST," appealing to Opposition parties not to stall the legislation that will give effect to a unified tax regime in the country.
He appealed that all parties come together in national interest, suggesting that the GST Bill should not be sent to a parliamentary committee for review anymore, as demanded by some parties. The Finance Minister stressed that any more delays in passing the bill, which changes the constitution, would mean setting back GST by another year as the deadline of April 2016 for a roll-out would not be met then.
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Senior Congress leader Veerappa Moily said his party would support the GST bill because it was the idea of the previous government, which the Congress led.
"This bill has gone through the Standing Committee for two and a half years, it has been before dozens and dozens of empowered committees. Only then has a consensus happened...I beseech you rise above party considerations," Mr Jaitley said in the House, also pointing out that "If all our CMs agree why are we delaying it? And that means your states will suffer."
The Budget Session for the Lok Sabha ends in three days. The Rajya Sabha will close on May 18.
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