Friday 12 December 2014

Govt to Table GST Bill in Winter Session

The long awaited Goods and Services Tax (GST) Bill would be introduced to Parliamnet in the current winter session so that so it could be discussed in the Budget session, said Finance Minister Arun Jaitley.

Apart from GST, the government hopes to introduce the Real Estate (Regulation and Development) Bill in the current session for it to be taken up at the earliest in the next session. The two Bills are yet to be cleared by the Cabinet. The Coal Mines (Special Provisions) Bill now looks set to be discussed in the next session.

The Lok Sabha on Friday passed the Bill but the Opposition in the Rajya Sabha is set to demand that it be referred to a select committee of that House for scrutiny.Jaitley also moved the Companies (Amendment) Bill in the Lok Sabha. 

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