Senior Congress leader P. Chidambaram on Sunday said he agrees with Finance Minister Arun Jaitley that a delayed GST bill is better than a flawed one, contending that the present bill is “flawed”.
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The Congress may help pass the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Bill, 2015 and the Arbitration and Conciliation (Amendment) Bill 2015.
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He said six passengers were being questioned in relation to it, including the man who raised the alarm. Lucchini echoed the head of Air France’s sentiments about the collective cool of the flight crew.
The Congress party’s intransigence on GST, Jaitley felt, was “only for collateral reasons”.
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“Give up the rigidness on constitutionally prescribed (GST) tariffs, which can become an albatross around the necks of future generations”, Jaitley said.
The government claims that Bill, which aims to improve ease of doing business in India, is one of its biggest economic reform second only the Goods and Services Tax. He was responding to a specific query on whether the GST Bill was discussed with the AIADMK supremo, whose party has a combined strength of 49 MPs in the two Houses of Parliament.
The Congress has been stalling passage of the GST Bill over its demand for a simple GST regime where states do not have powers to levy additional tax over an 18 percent tax rate that forms a part of the Constitutional Amendment Bill. We can not allow that. The government was aiming its rollout in April 2016 but meeting the deadline now looks hard.
The biggest challenge at the moment is to get the Indian politics to support the economic reforms in the midst of the global slowdown, he said, adding that the endeavour should be to overcome political obstacles coming in the way of growth.
“As far as GST is concerned”.
“The next three days in Parliament are extremely crucial…
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We are bringing in a bill for creating fast-track arbitration in the country, including single-member tribunals”, he said.
