PM Modi Pitches for GST Again, Rues Rajya Sabha Not Passing Bill
The Congress’ opposition over key clauses stalled the passage of the GST Bill in the Rajya Sabha.
- As another Parliament session ended without the passage of the Goods and Services Tax (GST) Bill, Prime Minister Narendra Modi rued Rajya Sabha not approving the ‘biggest indirect tax reform measure since independence’, saying states would benefit from it.
- The GST, which will subsume all indirect taxes into a single GST rate, was to be implemented from 1 April 2016. The Congress’ opposition over key clauses, including cap on the tax rate, stalled its passage in the Upper House.
- The PM was bidding farewell to 53 retiring Rajya Sabha members.
- Modi also rued Rajya Sabha not passing the Compensatory Afforestation Fund Management and Planning Authority (CAMPA) Bill. The Bill seeks establishment of the National Compensatory Afforestation Fund to promote afforestation and regeneration activities as way of compensating forest land diverted to non-forest uses. Each state would have got Rs 2,000-3,000 crore.
(With inputs from PTI)
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