NEW DELHI/MUMBAI Shares in logistics companies fell on Wednesday as hopes faded for a quick approval by lawmakers of a key tax reform seen as beneficial to the firms, after the main opposition Congress party disrupted parliament for the second day in a row. Congress leader Mallikarjun Kharge leads the campaign today. Neither Bharatiya Janata Party (BJP) nor Congress seems to be serious to take PM Narendra Modi’s GST talks with Congress president Sonia Gandhi to its logical conclusion in Parliament.
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Citing the National Herald case, in which Congress President Sonia Gandhi and Vice-President Rahul Gandhi will face criminal procedures in the coming days, the party said the present government is “systematically targeting” its leadership in a personal manner.
Minister of State in PMO Jitendra Singh, however, dismissed the charge saying it was “not appropriate” to say that the government was trying to curtail the scope of the bill and said the amendments only aimed at putting the safeguards, which were not there earlier. In case of Congress leaders, it is not the action of the Government but that of the judiciary…Court has summoned them and not the Government.
In a conciliatory tone, Finance Minister Arun Jaitley on Tuesday said, “It’s extremely important and all parties must come together”. Naidu also said he asked whether Congress legal luminary Kapil Sibal thought that the trial court has given its verdict at the behest of the BJP and the Central Government.
The Finance Minister said India is not a banana republic in which Parliament or the media can decide the guilt or innocence in such matters.
No political vendetta. A private complaint was lodged.
The Lok Sabha on Monday passed a bill amending the law on salaries and service conditions of Supreme Court and high court judges to “bring in uniformity in pensions and other conditions of service of the judges”. The Congress party had assured the government that it will get back to it after consultations within the party. Tax exemptions are for political activity, he said. However, he also says that the case is separate and has nothing to do with the government.
That company today is owner of real estate, getting lot of rents.
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This was after the Congress, over a set of three broad demands, had not allowed the Bill to be taken up for passage during the monsoon session in the Rajya Sabha, where the government is dependent on that party’s support for the two-thirds majority required to pass it. But then the National Herald controversy happened.
