Parliament’s Monsoon Session Start July 18, GST (Tax Reform) The Headline



New Delhi : Dates for the monsoon the session of parliament hve been set  it will begin on July 18 and run  till August 12 – and the government sys it has enough support to ensure the passing of the landmark tax reform of a nationwide goods and services tax or GST.

Investors have described the proposed GST as a "silver bullet" for India's economy that would replace multiple central and state levies – a chaotic structure that inflates costs for businesses.

The opposition Congress party, however, has so far blocked the proposal in parliament.

"We have a wider support and we have enough numbers for GST but we would like to have all parties on board because it will have an effect on states," said parliamentary Affairs Minister Venkaiah Naidu.

He said that while  the government wants to clear the bill with consensus, the priority is "to get it approved in this session".

Mr Naidu said that Finance Minister Arun Jaitley is ready to hold further discussions with all parties Including the Congress.

The 20-day session could be extended by a day or two to clear important legislation, Mr Naidu said.