The NDA is well short of the required numbers required to pass a Constitution Amendment Bill. The Bill is also likely to be challenged in court since it changes the threshold for removal from conviction to 30-day jail term.
KJ Alphons, who had sought to amend Preamble to Constitution, was absent in Rajya Sabha when his turn to introduce the Private Member’s Bill came
Social Justice and Empowerment Minister Thaawar Chand Gehlot introduced The Constitution (One Hundred and Twenth- Four Amendment) Bill 2019 amid slogan shouting by opposition Congress over the citizenship amendment bill.
The GST is a single indirect tax which will subsume most of the central and state taxes such as Value Added Tax (VAT), excise duty, service tax, central sales tax, additional customs duty and special additional duty of customs.
"GST is the biggest taxation reform so far which will forever change the way we compute and pay taxes. At the same time, it will check tax on tax," he said, adding that it will also usher in a new era of economic growth and prosperity for all sections of the society.
The bill was tabled by Law and Legislative Affairs Minister Rampal Singh for ratification by the House following which Congress' acting Leader of Opposition raised the demand for discussion on alleged Simhastha scam and the grim flood situation in the state.
Passed by Parliament recently, the bill needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues.
Though opposition Congress and AIUDF MLAs supported the Bill, they had earlier sought a discussion in the Assembly to evaluate GST's impact on Assam and people. But they were turned down by the Speaker.
The government is likely to introduce the Constitution Amendment Bill on GST in Lok Sabha early next week, as the Finance Ministry is gearing up to implement the tax measure from April 1 next year.
The rate still needs to be decided by the GST Council, which includes representatives from the Ministry of Finance and each state government.
Congress Vice President Rahul Gandhi met Leader of the party in Lok Sabha Mallikarjun Kharge, former Finance Minister P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others, in Parliament House and discussed various points regarding the key tax reform legislation.
Finance Minister Arun Jaitley told Rajya Sabha the amendments to the Bill, pending in the Upper House for last one year, were given to the Secretariat of the House two days ago and have been circulated to the members.
All purchases made online will attract a uniform Goods and Services Tax, likely to take effect from April next year, according to the model GST law approved by state finance ministers on June 14
"The GST success is predicate on the IT infrastructure... The business processes which are already in the public domain — registration, return, refund and payments — we are getting the responses, we are examining those responses," CBEC Chairman Najib Shah said
Finance Minister Arun Jaitley, who needs Parliament approval for the Goods & Services Tax (GST) Bill in the winter session beginning Thursday to rollout the new indirect tax regime from planned April 1, said he is willing to discuss with Congress as some of its suggestions were not in the larger interest of the GST structure.
"Improved IIP numbers are encouraging. Reform measures will continue. GST and Bankruptcy law are on top of reform agenda," Economic Affairs Secretary Shaktikanta Das tweeted.
The Goods and Services Tax (GST), that seeks to replace all indirect taxes, with a uniform levy has already been approved by the Lok Sabha and was in last session referred to a Rajya Sabha Select Committee.
FM Arun Jaitley today attacked the Congress for blocking the legislation that it had itself brought in and said 'obstructionist' tendencies and negativism were hurting the country and its economy.
The landmark bill on GST on Wednesday won majority support of the Rajya Sabha Select Committee, which endorsed almost all the provisions while also agreeing to demands of parties like TMC for a five-year compensation to states.
Once the Constitution Amendment bill is approved by Parliament by two-third majority, it will have to be ratified by half of the states. The Bill on GST was introduced in the Lok Sabha in December last. Jaitley had earlier said that implementation of the landmark GST regime would increase the GDP by 1-2 percent.
KM Mani, chairman, state finance ministers panel on GST is hopeful that GST will be brought into force from April 1, 2016
Sources also say that petroleum products are likely to be kept outside the Bill. Also, the Centre may try for a constitutional provision for the GST compensation fund. The entry tax is likely to be subsumed into GST.
CNBC-TV18‘s Siddharth Zarabi, quoting sources, reports that Samajwadi party opposition to the GST Bill during the meeting of the Yashwant Sinha panel today stalled all discussion on the Bill.
A Constitution amendment bill providing for quota for SCs and STs in government job promotions was today passed by Rajya Sabha with an overwhelming vote of 206 in the 245-member House.
The Bharatiya Janata Party has issued whips to its MPs to to vote in favour of the quota in promotions bill amid voices of dissent that are coming not just from the principle opposition party but also the Congress.