Govt wants to pass GST bills through consensus: Jaitley
GST
Dated:- 28-3-2017
New Delhi, Mar 28 (PTI) Finance Minister Arun Jaitley today said the GST bills are based on the principle of "shared sovereignty" and that the government wants to pass these landmark tax reforms through consensus.
Jaitley was briefing the party MPs after BJP's parliamentary party meeting here which was also attended by Prime Minister Narendra Modi, Parliamentary Affairs Minister Ananth Kumar told reporters after the meeting.
"The finance minister in detail briefed the party MPs about all the four Goods and Service(GST) bills and said these legislations are based on the principle of shared sovereignty," Kumar said, adding the
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uld lead to one tax regime for the entire country.
Yesterday, Jaitley had introduced the 4 GST bills to implement the biggest tax reform since independence.
The government proposes to launch GST from July 1.
It is estimated that the rolling out of the GST can add up to 2 per cent to India's economic growth.
Former Karnataka Chief Minister and Congress stalwart S M Krishna, who recently joined the BJP, was also present at the meeting.
During the meet, Congress leader and former union minister M V Rajasekharan's letter showering praise on the prime minister was discussed.
The Cabinet's decision to set up a National Commission for Socially and Educationally Backward Classes with constitutional status, was also discussed durin
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