By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
BusinessLogrBusinessLogr
Aa
  • Home Beauty
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: Goods and services tax a matter of time, says FM Arun Jaitley
Share
BusinessLogrBusinessLogr
Aa
Search
  • Home Beauty
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
BusinessLogr > Company > Goods and services tax a matter of time, says FM Arun Jaitley
Company

Goods and services tax a matter of time, says FM Arun Jaitley

deep
Last updated: 2016/01/04 at 7:35 AM
deep Published January 4, 2016
Share
1 Min Read
SHARE

Finance Minister Arun Jaitley

Finance Minister Arun Jaitley expressed confidence on Wednesday that he would be able to pass a new goods and services tax (GST) , saying opposition to the reform would crumble when it comes to a Parliamentary vote.

“GST is only a question of time,” Jaitley told an economic conference in New Delhi.

The opposition Congress party and its allies have been able to block the measure because Prime Minister Narendra Modi’s nationalist coalition lacks a majority in the upper house of Parliament (Rajya Sabha).

The upper house, which represents India’s federal states, will be reshuffled next spring to reflect election gains by Prime Minister Narendra Modi’s Bharatiya Janata Party – although it will still be short of a majority.

Still, Jaitley said that “tilt” in the makeup of the upper house would make it easier to pass the GST. The tax would create a single market in India for the first time and could boost the economy by as much as 2 per cent, economists reckon.

“When it is put to a vote, I am sure it would pass,” Jaitley told the event, organised by the World Economic Forum.
[“source-businesstoday”]

You Might Also Like

Freshdesk Introduces Freshsales, CRM with Something Extra

20 Pizza Franchises Challenging Pizza Hut and Domino’s

Shopify Partners with Export Development Canada to Insure Merchant Cash Advances

GoDaddy Sponsors New Seed-Funding TV Show Funderdome

How to Use ClickBank Affiliate Marketing: A Step by Step Guide

TAGGED: Goods and services tax a matter of time, says FM Arun Jaitley

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
deep January 4, 2016
Share this Article
Facebook Twitter Email Print
Share
Previous Article Oct services industry PMI at 8-month high on boost from new business
Next Article Reforms to continue irrespective of Bihar poll results, says Rahul Bajaj

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • bmo harris express loan payment
  • payday loans that work with chime bank
  • find a loan shark on craigslist

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • bmo harris express loan payment
  • payday loans that work with chime bank
  • find a loan shark on craigslist

Recent Posts

  • The Essence of Public Storage Units
  • Guide to Retirement Planning: Putting Money Into the Future

FOXIZ

© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?