GST update 1 – FM sticks to April deadline for gst

Dated:- 15-6-2015 – Finance Minister Arun Jaitely on 14/5/2015 stuck to the April deadline for rolling out GST. I would have been much happier if the Rajya Sabha (had) also approved the GST. In that sense I would not have been cutting it too fine with regard to the April 1, 2006 deadline. I would only hope that the principal opposition party had realised the significance of this timeline at this moment, the Minister told reporters. The Bill to amend the constitution had to be referred to a select committee of the Rajya Sabha as the Congress blocked its passage, arguing that it needed further consultation. Once the panel s report is received, the Upper House will have to clear the bill, which will then need to be ratified by at least half t

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =