India’s biggest tax reform measure, GST Bill passed in Rajya Sabha
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After an over seven hour-long debate, the Rajya Sabha today passed the long-pending Goods and Services Tax (GST) which is being described as the country's most transformative tax reform in decades. Barring All India Anna Dravida Munnetra Kazhagam (AIADMK) most other parties supported the bill.
The Congress, which has been opposing the bill so far, also announced its support for the Constitution (122nd Amendment) Bill, 2014 but with a rider.
Speaking after Finance Minister Arun Jaitley tabled the bill in Rajya Sabha, former Finance Minister P Chidambaram said his party supports "idea" of GST as well as the bill, which he noted had been improved after the government held talks with various parties, including his. #casansaar
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