Placeholder canvas

Goa to convene special session to ratify GST Bill: Parsekar

Date:

Panaji, Aug 16 (PTI) The BJP-led Goa government willhold a special session soon to ratify the Constitution (122ndAmendment) Bill, 2014 enabling implementation of the Goods andService Tax (GST). "We have decided to call a special session of theAssembly soon to ratify the crucial GST Bill that was recentlypassed in Parliament," Goa Chief Minister Laxmikant Parsekartold reporters here today after chairing the state Cabinetmeeting. The Chief Minister said the GST Bill which waspassed in Parliament earlier this month is being studied bythe Finance Department. "The (Finance) department has recommended that weshould immediately pass it (the Bill) by calling the session,"he said. The Chief Minister had during the monsoon sessionwelcomed the passage of the Bill in Parliament saying it willhelp Goa, which is a tourist state. The long-delayed GST Constitution Bill was passed byParliament on August 8, marking a historic step for taxreforms which Prime Minister Narendra Modi said was "crucial"for ending tax terrorism besides reducing corruption and blackmoney while making consumer the "king". Meanwhile, the Goa Chamber of Commerce and Industry(GCCI) had also expressed happiness over passage of GST Billin Parliament. "With introduction of GST, exemptions regime will cometo an end. This will attract new investments to Goa in themanufacturing sector on account of its better infrastructure.This will also benefit Goa in the long run," GCCI had said ina statement. PTI RPS NRB SMNBAS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

From Deepfake Concerns To India’s AI Mission PM Modi Interacts With Bill Gates

New Delhi: Prime Minister Narendra Modi engaged in a...

NewsMobile Morning Brief

Actor Govinda Joins Eknath Shinde’s Shiv Sena Ahead Of...

Gangster-Turned-Politician Mukhtar Ansari Dies Of Cardiac Arrest

Banda: Gangster turned politician Mukhtar Ansari passed away at...

IPL 2024: Rajasthan Royals Defeat Delhi Capitals By 12 Runs

Jaipur: Rajasthan Royals clinched a 12-run win over Delhi...