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Govt to advance Winter Session to roll out GST
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| Posted Date : 14-Oct-2016 , 09:10:21 am | Posted By CASANSAAR |
The Centre on Thursday decided to advance the Winter Session by a week to enable the government to roll out the Goods and Services Tax regime from April 1 next year.
The Cabinet Committee on Parliamentary Affairs decided to recommend to President Pranab Mukherjee to summon both the Houses of Parliament for the Winter Session from November 16. The session is expected to conclude on December 16.
Usually, the Winter Session of Parliament is convened in the last week of November and concludes on December 23.
During the monsoon session, the Centre had managed to get Parliamentary approval for the Constitution (122nd Amendment) Bill that enables the government to bring in relevant pieces of legislation to introduce the Goods and Services Tax regime.
Accordingly, the government is expected to introduce the Central GST Bill and the Integrated GST Bill for approval of Parliament. It hopes to get Parliament nod during the Winter Session itself which would facilitate the roll out of the GST regime from April 1.
The government is also mulling over advancing the presentation of the General Budget in Parliament by a month.
Besides the GST bills, the highlight of the Winter Session is expected to be labour reforms. The government is looking forward to build consensus on the Labour Code on Wages and the Code on Industrial Relations. #casansaar (PTI - Decanherald)
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Category : GST |
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