Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

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.

FLERE HISTORIER FRA Businessworld

BW Businessworld

BW Businessworld

THE NEW CRÈME DELL-A CRÈME OF ENTERPRISE LAPTOPS

Built for performance and portability, Dell's PRO 14 PREMIUM redefines enterprise laptops with Al-ready power, sleek design, and lasting efficiency

time to read

3 mins

September 20, 2025

BW Businessworld

BW Businessworld

FROM INTENT TO IMPACT: Transforming Data into Hyper-personalised Experiences

In conversations with CMOs, one insight that is consistently echoed has been the growing importance of hyperpersonalisation in marketing. While it holds immense potential to enhance customer experiences and brand relationships, many organisations find it challenging to implement hyper-personalisation at scale. Despite leveraging advanced technologies for segmentation and dynamic content creation, delivering truly personalised campaigns that align with individual customer needs and preferences remains a key hurdle.

time to read

3 mins

September 20, 2025

BW Businessworld

BW Businessworld

Apple's Retail Run in India

Two new stores in Bengaluru and Pune in as many days showcase the iconic brand's commitment to community, creativity, and long-term growth

time to read

4 mins

September 20, 2025

BW Businessworld

BW Businessworld

IT'S ALL IN THE KICKS

A growing love for sneakers in India has seen homegrown brands emerge, and consumers are loving them. We take a peek into this fast-growing market

time to read

4 mins

September 20, 2025

BW Businessworld

BW Businessworld

THE GST STIMULUS

From milk and soaps to mobiles, TVs and small cars, GST cuts promise festive relief—can spending power truly turbocharge India's growth?

time to read

8 mins

September 20, 2025

BW Businessworld

BW Businessworld

HEALTH MADE LESS TAXING

GST Council's bold reforms exempt insurance premiums and slash medical taxes, boosting affordability and access nationwide

time to read

3 mins

September 20, 2025

BW Businessworld

BW Businessworld

"EVERY WORD CARRIES A HIDDEN JOURNEY"

Author SUMANTO CHATTOPADHYAY discusses his book Stories of Words and Phrases, revealing quirky origins and why etymology deepens language and meaning, in this conversation with

time to read

4 mins

September 20, 2025

BW Businessworld

BW Businessworld

THE BIHAR ECONOMY STORY: FROM UNDERDEVELOPED TO UNSTOPPABLE

Under the seasoned leadership of CHIEF MINISTER NITISH KUMAR, the JDU-BJP government is attempting a transformation that feels both ambitious and tangible

time to read

3 mins

September 20, 2025

BW Businessworld

BW Businessworld

CAREER TIPS FROM A CORPORATE WORKSHOP

The author uses mentorship stories, workshop lessons and personal anecdotes from a range of sources to create a comprehensive yet digestible textbook. This eclectic approach serves the book well by preventing it from becoming overly theoretical or anecdotal. Each chapter feels like a conversation with a seasoned co-worker who sincerely wants you to be successful

time to read

3 mins

September 20, 2025

BW Businessworld

BW Businessworld

India Now Tourism Australia's Fifth-largest Market

Marking the second chapter of its global campaign, 'Come and Say G'day', TOURISM AUSTRALIA allocates 70 per cent of India media spend to digital, blending global brand identity with local Indian storytelling

time to read

3 mins

September 20, 2025

Translate

Share

-
+

Change font size