News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 9 years ago
Home  » Business » Government makes fresh attempt to pass GST bill

Government makes fresh attempt to pass GST bill

By Nigam Prusty
August 25, 2015 15:01 IST
Get Rediff News in your Inbox:

The government said it is considering reconvening parliament to make another attempt to pass a major tax reform aimed at boosting economic growth.

"The tax reform is crucial for the economy and we are making every effort to build consensus," Parliamentary Affairs Minister Venkaiah Naidu told reporters on Tuesday.

Modi's reform agenda suffered a major setback earlier this month when lawmakers in the Rajya Sabha refused to support the the Goods and Service Tax bill.

The bill is seen as low-hanging fruit among free-market reforms as it has rare bipartisan support.

But it fell victim to an impasse over allegations of impropriety against Modi's cabinet and party colleagues.

Get Rediff News in your Inbox:
Nigam Prusty
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
 

Moneywiz Live!