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Rajya Sabha panel to submit GST Bill report this week

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New Delhi, The Selected Committee of the Rajya Sabha on the Goods and Services Tax (GST) Bill is to present its report on the last day of the first week of the monsoon session of parliament beginning on Tuesday. Sansad_Bhavan-2

A source here said that the committee is likely to ask the government to allow states to impose their own taxes on cigarettes and tobacco products as well as compensation for five years to cover their losses due to abolition of local levies owing to implementing GST.

The Select Committee headed by BJP member Bhupendra Yadav met here on Friday to deliberate on the bill.

The union government has set the target to reform India’s indirect tax regime from April next year, and had earlier proposed 100 percent compensation to states for first three years.

The GST is seen as the key to facilitate industrial growth and improve the country’s business climate. By subsuming most indirect taxes levied by the central and state governments, such as excise duty, service tax, VAT and sales tax, the new regime proposes to facilitate a common market across the country, leading to economies of scale and reducing inflation through an efficient supply chain.

The passage of the bill to become a law is a lengthy process.

Being a constitution amendment bill, which was passed by the Lok Sabha, it needs to be passed by the Rajya Sabha with a two-thirds majority and then be ratified by at least 15 state legislatures before being sent to the President for his assent.

The other major piece of legislation the government intends to take forward is the land bill – the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2015 – which is being considered by a joint committee of both houses.

(IANS)

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Quota Reservation Bill Moved in Rajya Sabha

The Constitution (124th Amendment) Bill was passed after a division with 323 members voting in its favour and three against in the Lok Sabha on Tuesday

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The Rajya Sabha was adjourned till afternoon following protests by opposition members amidst a demand that the Constitution bill providing for upper castes reservation be sent to a Select Committee for detailed consideration even as the government sought to push ahead with its passage on the last day of the winter session on Wednesday.

With Lok Sabha having passed the Constitution (124th Amendment) bill providing for 10 per cent reservation for the economically weaker sections among the general category in government service and higher educational institutions, Social Justice Minister Thawarchand Gehlot moved it for consideration in the upper House.

CPI member D. Raja, who objected to the consideration of the bill, demanded that it be sent to a Select Committee and the House should first take a decision on it.

Madhusudhan Mistry of Congress said the Bill was not complete and told the government that it cannot have both introduction and voting on the same day. He asked what was the urgency in the passage of the Bill.

Members were also protesting against the “unilateral” extension of the session till Wednesday saying it was done without consulting the opposition. They said the Chair did not announce a day’s extension in the working days of the House nor did it seek the members’ consent.

Minister of State for Parliamentary Affairs Vijay Goel said the Congress was raising technical issues to stall the Bill. “If you openly oppose the Bill, it is different. Otherwise, let’s have a discussion on it as it has already been introduced,” he said.

Quota reservation bill moved in Rajya Sabha.

Moving the Bill, Gehlot said the Constitution does not allow reservation on economic basis and due to that poor people in general category miss out on opportunities.

“There was a complaint by poor of the general category that they could not avail of government benefits. The decision has been taken after much consideration. This bill will uplift the poor,” he said.

He appealed to the members to pass the bill unanimously. This was followed by the start of the debate by BJP member Prabhat Jha. But as shouting and uproar continued, Deputy Chairman Harivansh adjourned the House till 2 p.m.

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The Constitution (124th Amendment) Bill was passed after a division with 323 members voting in its favour and three against in the Lok Sabha on Tuesday.

Earlier in the day too, the House was adjourned once up to noon after protests by members on the “unilateral” extension. (IANS)