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The Government of Rajasthan Finance Department has given a notification to public regarding to increase Goods Taxable rate. According to Mr. Dr. Devraj, Joint Secretary to Government, in exercise of the powers conferred by the sub-section (5) of the section 4 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003), the […]
Introduced the Goods and Services Tax Bill in Dec 19, 2014, since, it is being rubbed between the politics’s quarreles. Now, the Road Transport Minister, Mr. Nitin Gadkari said that the main opposition party, Congress do not want to back the Constitution Amendment bill, they will be isolated. Our party is hopeful about the passage of the GST Bill.
The Goods and Services Tax bill is stuck amidst the ongoing war between the government and the Congress. In words of Congress Vice President Rahul Gandhi “The Congress party will support the GST bill openly in the Rajya Sabha if the Government agrees to its conditions.” As per Rahul Gandhi, it will take only 15 minutes for Congress to stand in full support along with the BJP who is a minority in Rajya Sabha.
The opposition party-Congress blamed the NDA government for making a “false smokescreen” on the taxation new regime. After the meeting of Venkaiah Naidu and Sonia Gandhi on Friday regarding the GST Bill, Congress said that the ruling BJP is not serious about the Constitution Bill,
The most awaited Constitution Amendment bill was stuck in the last two sessions to roll-out Goods and Service Tax bill in the Parliament. But now, the Finance Minister Mr. Arun Jaitley is confident regarding the GST Bill. In the next session, the members of opposition party will be reduced and ruling BJP will get more majority in the upper house. Therefore, the Bill will be rolled out in Budget session sure.
Recently, the Indian Prime Minister Narendra Modi said about the opposition party that we hope the Congress should be to not disrupt the Parliament in this year. In return, the Congress took a dig at the NDA saying our party did not disrupt Parliament and the BJP’s “stubborn attitude” was behind the deadlock over the GST Bill.
The Goods and Services Tax has proven as trending point of the country. After over the winter session, political interference is being seen on the GST yet. Now the Indian FM Arun Jaitley told the reports that the bill will be rolled out on in next session as the opposition party is “shrinking” their majority votes in the Rajya Sabha of Parliament.
The Indian Finance Minister Mr. Arun Jaitley said, the government will roll-out new taxation regime, GST by just making “certainly” double efforts in 2016 and he is in “continuous touch” with opposition party to coax them to cooperate.
Chief Economic Advisor, Mr. Arvind Subramanian told the reports that oil products as Petrol and other petroleum products will keep out of the Goods and Services Tax perimeter for some time after its implement in the Parliament. The GST Bill is stuck in Rajya Sabha in the winter session and now the government is looking forward to pass the GST Bill in the Budget session of 2016.