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Monday, August 8, 2016

Lok Sabha Approves the GST Constitution Amendment Bill Monday Aug 08,2016


After the passage of historic Constitutional Amendment Bill for the introduction of GST by Lok Sabha, Prime Minister Narendra Modi walked up to the Opposition and shook hands with Congress leader Mallikarjun Kharge and former prime minister HD Deve Gowda.Apparently conveying his thanks for their support, he had a brief interaction with them.
However, Congress Vice-President Rahul Gandhi had left by then.


Intervening the discussion on GST in Lok Sabha, Prime Minister Narendra Modi on Monday Aug 08,2016 said that the new indirect taxation regime, which will subsume 7-13 taxes, will help end corruption as traders will be compelled to give proper bills and the consumer will be the "king".

"It will also help reduce the problem of black money and lead to generation of jobs by benefiting the small traders and entrepreneurs," Modi added.

Noting that the GST bill had been firmed up after thorough "churning of ideas", Modi "humbly" expressed happiness that it was being passed through an unprecedented consensus of parties.

He said he had held consultations with his predecessor Manmohan Singh and Congress president Sonia Gandhi on the issue.

"Rashtra Niti (national policy) is above 'Raj Niti'(politics)....I thank all political parties, as also state governments run by different parties. We are taking such a decision.. we have reached here after churning in Lok Sabha, Rajya Sabha, 29 states, their representatives and 90 parties. We are putting a stamp on the final decision," Modi said. 

Note

Rajya Sabha Passes Good and Service Tax Constitution Amendment Bill on Wednesday August 03,2016

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