Facebook Pixel Will GST Bill See Light Of Day? | Businessworld - Business - इस कहानी को Magzter.com पर पढ़ें

कोशिश गोल्ड - मुक्त

Will GST Bill See Light Of Day?

Businessworld

|

July 25 2016

The Narendra Modi government is confident of passing the GST Bill, but the Opposition Congress is hellbent on playing the spoilsport

- Suman K. Jha

Will GST Bill See Light Of Day?

A bizarre theory doing the rounds in the capital is that the Indian National Congress, which seems to be opposing the Goods and Services Tax Bill (GST), only wants to defer it by a year. The theory is that it would like the NDA government to bear the full brunt of the teething troubles the indirect tax reforms may entail, like an all-round rise in prices, on the eve of the general elections 2019.

The Narendra Modi government is keen to roll out the GST by 1 April 2017, so it may have enough time to prepare for the Big Test in 2019. At this juncture, the Modi government is confident that it would be able to get the GST Bill passed in the monsoon session of Parliament, starting 18 July. While the Congress leadership remains adamant on the three-point agenda that party president Sonia Gandhi and former Prime Minister Manmohan Singh had proposed to Prime Minister Narendra Modi last year, another detractor the AIADMK has softened.

An AIADMK leader, requesting anonymity, says the GST legislation will, in all probability, be passed in the forthcoming session of Parliament, notwithstanding the AIADMK’s principled opposition to the indirect tax reforms.

After J. Jayalalithaa’s re-election as Tamil Nadu’s chief minister, PM Modi was among the first to congratulate her. A bridge-building exercise by Union ministers ensued, led by finance minister Arun Jaitley. A tirade against her by some Union ministers did rub Jayalalithaa the wrong way, but the PM’s gesture is believed to have softened her, say sources. Recently, she had a cordial meeting with Modi during her visit to Delhi.

So the AIADMK, which had raised “principled objections” to the GST regime at the empowered committee meeting in Kolkata recently, could walk out of the Rajya Sabha during the voting on the Bill to provide the much needed breathing space to the BJP-led government. The party has 13 members in the Rajya Sabha.

Businessworld

यह कहानी Businessworld के July 25 2016 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Businessworld से और कहानियाँ

BW Businessworld

BW Businessworld

LEADERS - AT THE HELM OF INDIA'S GROWTH

At the helm of India's growth are visionary leaders who are redefining the nation's economic and social trajectory with bold ambition and strategic foresight. They are not just navigating change, they are shaping it, investing in future-ready sectors such as technology, infrastructure, healthcare, and sustainability. As India positions itself as a key global powerhouse, these trailblazers continue to inspire confidence and lay the foundation for a robust, self-reliant, and forward-looking economy.

time to read

6 mins

April 18, 2026

BW Businessworld

BW Businessworld

“Real Estate Can Absorb Short-term Shocks”

BW Businessworld's Rohit Chintapali caught up with ASHISH PURAVANKARA, MD & Director on the board of Puravankara, to discuss the potential impact of the West Asia conflict on the real estate sector, real estate as an asset class, rising construction costs, the company's expansion plans to northern markets and more. Excerpts of the interview

time to read

4 mins

April 18, 2026

BW Businessworld

BW Businessworld

INFRA SURGE

Skipper has quietly built momentum—scaling up operations, deepening exports and sharpening execution to drive a stronger growth trajectory

time to read

2 mins

April 18, 2026

BW Businessworld

BW Businessworld

STEEL REVIVAL

Powered by deleveraging, capacity optimisation and disciplined execution, Jai Balaji Industries has engineered a sharp turnaround in recent years

time to read

1 mins

April 18, 2026

BW Businessworld

BW Businessworld

DIGITAL SURGE

Staying strong amidst challenges has been the hallmark of Bharti Airtel that has transformed the company into a telecom powerhouse

time to read

2 mins

April 18, 2026

BW Businessworld

BW Businessworld

"TRANSMISSION IS THE BACKBONE OF GROWTH"

MAYUR MAHESHWARI, Managing Director of Uttar Pradesh Power Transmission Corporation (UPPTCL), outlines how infrastructure, technology, and green energy integration are shaping the future of power transmission in India's largest state

time to read

3 mins

April 18, 2026

BW Businessworld

BW Businessworld

Our revenue grew by 138 per cent between FY24 to FY26

Last April, AstaGuru sold Tyeb Mehta's Untitled (Diagonal) for Rs 57,96,79,642 at the Masters Legacy auction, making it one of the most expensive artworks to be sold at the auction house.

time to read

3 mins

April 18, 2026

BW Businessworld

BW Businessworld

INCUBATION ENGINE

Powered by incubation-led growth, capital discipline and scale expansion, Adani Enterprises has built a strong multi-year growth trajectory

time to read

1 mins

April 18, 2026

BW Businessworld

BW Businessworld

TRAVEL RESILIENCE

A steady pivot in recent years towards diversification, digitalisation and disciplined execution has strengthened Thomas Cook India's growth trajectory

time to read

2 mins

April 18, 2026

BW Businessworld

BW Businessworld

HIGHWAY GROWTH

IRB Infrastructure has shown sustained momentum in recent years riding on strategic asset monetisation, traffic growth and execution discipline

time to read

2 mins

April 18, 2026

Translate

Share

-
+

Change font size