Arun Jaitley briefs MPs about GST bills introduced in Lok Sabha

By: | Published: March 28, 2017 12:17 PM

Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration tomorrow.

The Finance Minister explained in detail the four bills–Central GST, Integrated GST, Union Territory GST and the Compensation Law–to MPs and how they would be beneficial to the common man. (PTI)

Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration tomorrow. Jaitley told MPs that the passage of these bills, which were introduced in the Lower House yesterday, will result in one-nation one-tax regime, Parliamentary Affairs Minister Ananth Kumar told reporters after the meeting.

The Finance Minister explained in detail the four bills–Central GST, Integrated GST, Union Territory GST and the Compensation Law–to MPs and how they would be beneficial to the common man. Prime Minister Narendra Modi had earlier said that the government wants to build consensus for the passage of these bills. Modi was also present in the meeting.

Also watch: 

Former Karnataka Chief Minister S M Krishna was also present in the meeting and he formally joined the BJP in presence of Modi and party chief Amit Shah. During the meet, Congress leader and former Union Minister M V Rajasekharan’s letter showering praise on the Prime Minister was discussed.

They also discussed the Union Cabinet’s decision approving the setting up a National Commission for Socially and Educationally Backward Classes with constitutional status.

The Cabinet had also cleared a proposal for dissolving the National Commission for Backward classes and repealing the law under which it was established.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition