Parliament passes GST Bill; PM says India gets rid of tax terrorism
New Delhi: In one of the most important tax reform steps, the Lok Sabha on Monday adopted the historic Goods and Services tax (GST) bill with all amendments earlier passed by the Rajya Sabha.
GST Bill was passed in the Lok Sabha by two-third majority, with 443 members voting in its favour and none against it.
As the bill involved change in federal structure, it needs to be ratified by more than half states of the country, i.e. 16 in 30 days before the parliament finally pass the bill.
What PM Narendra Modi said?
• Narendra Modi participated in the debate in Lok Sabha on the amendments in the GST bill
• Passage of GST will help country getting rid of ‘tax terrorism’
• GST is ‘Great Step by Team India’, ‘Great Step Towards Transformation’ and Great Step Towards Transparency’
• The new tax law makes consumer a ‘king’
• Our country has a trend of ‘Kaccha Bill’ and ‘Pakka Bill’ (Fake and Original Bill)
• The uniform tax law is technology based
• Business houses will now be forced to present original bills which will end corruption
Modi pays tribute to freedom fighters
• Quit India movement that was launched on August 9 in 1942
• On the eve of the anniversary of the Quit India movement, Modi paid tributes to our freedom fighters
• Both the houses of parliament are collectively taking a big decision on the day that would help end the tax terrorism
PM Modi hits at Congress’ M Veerappa Moily, who had said that ruling government only consulted Rajya Sabha members over GST amendments
• I treated both the houses equally
• Government met both Congress President Sonia Gandhi, a member of Lok Sabha and Manmohan Singh, a member of Rajya Sabha for consultations on GST
Need to create consensus between states and Centre
• There is a strong need to create consensus between states and Centre
• I find it easy today to address such problems
• There was a time when trust deficit had come to stay between states and Centre
• But state governments have participated in parliament to talk about GST