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This Article is From Aug 08, 2016
Consumer Is King, Says PM Modi, GST Bill Passed In Parliament: Highlights
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Updated : August 08, 2016 8:22 pm IST
PM Modi today intervened during the Goods and Services Tax or GST debate in Lok Sabha - which was sent back to the lower house after passed in Rajya Sabha last week - and said GST meant 'Great Step Towards Transformation'. The GST Bill that amends the constitution to enable the GST reform was passed in both Lok Sabha and Rajya Sabha unanimously.
Aug 08, 2016 20:22 (IST)
Bill for 122nd constitutional amendment to enable Goods and Services Tax or GST passed in Lok Sabha unanimously
Aug 08, 2016 18:50 (IST)
The GST Bill introduced by the UPA government focused on building a consensus, did not have a provision for compensation to manufacturing states: Arun Jaitley
Aug 08, 2016 18:41 (IST)
Arun Jaitley replies to clarifications sought on the GST Bill during the debate.
- The 2011 was the first exercise for the GST Bill.
- The first report from the standing committee on GST in 2013 was agreed upon by all political parties.
Aug 08, 2016 18:37 (IST)
We, belonging to different political parties, with different ideologies are supporting the biggest tax reform in one voice. This in itself is a big success for India's great democracy: PM
Aug 08, 2016 18:33 (IST)
GST will eliminate human interference between buyers and sellers, will curb corruption: PM Modi
- Through GST, the tax payers will be given services where he will benefit from being honest/transparent.
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Aug 08, 2016 18:29 (IST)
We say a lot against corruption, but to end it, we need to strengthen our services.
- If our services are strong, even the people with wrong intentions will be forces to fall in line.
- Indian buyers/sellers have a habit of dealing with fake/real bill. GST will change that.
Aug 08, 2016 18:24 (IST)
India gained independence but we are still fighting poverty: PM
- We all have the will to fight poverty. We may have different ways to tackle it.
- GST will enable every seller to have an account of his business. Banks will have no reason to deny them loans. GST's biggest strength is technology, real time data.
- GST will increase the production capacity of manufacturers, create more jobs for people.
Aug 08, 2016 18:19 (IST)
Transparency through GST - The Centre, states, people will know how much money goes into public exchequer, government treasury: PM
Aug 08, 2016 18:17 (IST)
The states which are considered to be underdeveloped will benefit from GST: PM
- If these states want to fund education, manufacturing etc. will benefit.
- The eastern states which are considered backwards or underdeveloped need to be pushed to the forefront in nation's development.
- Yes, consumer states will benefit more, but the Centre will compensate the manufacturing states as stated in the GST bill.
Aug 08, 2016 18:12 (IST)
Consumer is king, GST enables one law one service: PM
GST will give security to small scale manufacturers. They are the strength of our nation. The more we secure them, the more this country will benefit.
GST will give security to small scale manufacturers. They are the strength of our nation. The more we secure them, the more this country will benefit.
Aug 08, 2016 18:08 (IST)
When I see the GST Bill from the eyes of a chief minister, after becoming the prime minister, I am able to understand the position of states better: PM Modi
- The credit does not go to me, it does to all of us.
- We are able to remove many gaps in the bill.
- I would like to thank all the political parties that have come together for us to see this day.
- Didn't want GST to be passed via majority but consensus.
Aug 08, 2016 18:02 (IST)
GST means Great Step Towards Transformation/Transparency: PM Modi
- One India-Great India a shared dream. GST means 'Great Step by Team India'.
- When we talk of security forces, digital India. All these weigh towards One India
Aug 08, 2016 18:01 (IST)
GST Bill is the result of the contribution all political parties, governments of present and future: PM Modi
There is no need of an argument on who won and who lost when it comes to the passing of the GST bill.
There is no need of an argument on who won and who lost when it comes to the passing of the GST bill.
Aug 08, 2016 17:57 (IST)
PM Modi begins speaking on GST in Lok Sabha
Aug 08, 2016 16:12 (IST)
PM Narendra Modi is expected to speak in the Lok Sabha on GST.
Aug 08, 2016 14:31 (IST)
Though GST might be the reform of the century, it is too early to call it a game-changer: Veerappa Moily
Aug 08, 2016 14:25 (IST)
Veerappa Moily On GST Bill
- If there was political consensus, this law would've come long long back.
- But Congress is now here extending full support for GST
- This House has been taken for a junior party.
- Rajya Sabha is given more importance. Although we dont have grudges
- GST Council has to tackle all the states and Union Territories
Aug 08, 2016 14:24 (IST)
Congress Leader Veerappa Moily On GST Bill
Aug 08, 2016 14:19 (IST)
Future road map is that this is an enabling amendment. Three more laws have to be created. Two of those have to come before Parliament: Finance Minister Arun Jaitley on GST Bill
Aug 08, 2016 14:19 (IST)
If one pays tax at one stage, they wont have to give another tax on that tax component. So tax on tax will be eradicated: Arun Jaitley in Lok Sabha
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