x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Back Issues  
 
news details
Rajya Sabha unanimously passes GST bill
8/3/2016 10:52:45 PM
Agencies

New Delhi, Aug 3: In a historic landmark, the Rajya Sabha on Wednesday passed the much debated Goods and Services Tax (GST) Amendment Bill after a 7-hour long debate in the Upper House.
The Constitutional Bill, passed late Wednesday night saw the main opposition, Congress and most parties on board.
The passage of the bill to amend the Constitution to facilitate rollout of the historic GST was passed amid government's assurance that the tax rates would be kept "as low as possible".
The Constitution (122nd Amendment) Bill, 2014 was approved by the Upper House with 203 votes in favour and none against, after a seven-hour debate during which a rare bonhomie was witnessed among the ruling and the opposition parties.
Six official amendments, including scrapping of one per cent additional tax, moved by the government were approved with cent per cent votes.
Earlier during the day, Finance Minister Arun Jaitley on Wednesday tabled the long-pending Goods and Services Tax (GST) Bill in the Rajya Sabha.
Replying to the debate on GST, Jaitley said that when GST system will become more efficient, there will be no tax on tax, evasion will become more difficult.
Emphasizing that rates under GST must come down, Jaitley added that the government will strive for a reasonable rate.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU