Consensus seems a problem before the current session of Parliament ends.
GST reform has been hanging fire since 2006-07.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
In a major reach-out to the main Opposition, the prime minister invited Gandhi and Singh over tea at his Race Course Road residence around 7 pm.
The session, which will continue till August 11, is likely to discuss issues like lynching incidents and vigilantism, the Kashmir situation and the border stand-off with China.
The company will operate the IT system for five years.
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
Stalin, moving the resolution, said without giving any reasons, Ravi had returned the Bills, mentioning "I withhold Assent" to them.
The challenges before the government, he said, is to put public sector banks back on track and continue to operationalise stalled infrastructure projects
"If there is proper debate in parliament, followed by a vote, then even without the Congress' support, we have a chance to pass it," says Union Minister of State for Finance, Jayant Sinha.
Preparing legal framework to protect states from revenue loss.
There was no official word on the agenda of the session which will be held days after the G20 Summit in the national capital on September 9 and 10.
Its passage in the Lok Sabha is all but certain due to the massive majority the Bharatiya Janata Party and its allies have, and the Union government is confident of its passage in the Rajya Sabha as well with the support of several non-aligned regional parties which have often joined the treasury benches in the past.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
The USIBC has encouraged a streamlined implementation of the GST.
Some also demanded empowering of local bodies.
GST is the biggest revenue shake-up since independence
The Rajya Sabha approved 15 legislations during the session while the Lok Sabha passed 23 bills, including the GST bills.
The previous United Progressive Alliance government had undertaken some decisions, like introduction of retrospective tax amendments and GAAR, which had dented investor sentiments.
Govt is mulling a special session to amend the constitution to enable a national goods and services tax. Kavita Chowdhury answers a few FAQs on the complexities
Passage of the long-pending Goods and Services Tax bill and a unanimous resolution on Kashmir were the highlights of the "highly productive" Monsoon session of Parliament which was adjourned sine die on Friday after 20 sittings.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
Jaitley remained steadfast in not caving in to sustained Opposition pressure.
The RBI announced its monetary policy on Tuesday.
The NSE Nifty also moved up by 12 points to 8,648.35.
Implementation of GST is expected to increase the gross domestic product of the country.
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
The passing of the GST bill and the failure of India to acquire NSG membership is set to rule the agenda in Parliament.
What Rajya Sabha can do for the states, no other House can do, the Prime Minister said.
The prime minister, who spoke in the Upper House as it bid farewell to 53 retiring MPs, noted that Rajya Sabha members are representatives of the states and the interest of their state should be a priority for them.
Industrial output rose to nearly three-year high of 6.4% in August.
The government last year introduced the Insolvency and Bankruptcy Code.
Finance Minister Arun Jaitley to discuss key issues with state finance ministers.
The transition to a single, nationwide tax on goods and services will streamline business and boost the economy by tearing down barriers between 31 states and union territories.
Both Lok Sabha and Rajya Sabha did not see a debate on the Manipur violence, but Prime Minister Narendra Modi and Home Minister Amit Shah spoke on it during their addresses on the no-confidence motion.
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
Arun Jaitley said he would put the DTC Bill in cold storage.
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