Passage of GST Bill paves the way for ‘One Nation, One Tax’ system

GSTThe uproar leading to the controversial GST (Goods & Services Tax) Bill in the Upper House has finally died down, with the latter being passed amidst support from all the political parties, barring AIADMK during the monsoon session of the Parliament. The Rajya Sabha passed the constitutional amendment by two-thirds majority. The Constitution (122nd Amendment) Bill, 2014 was approved with 203 votes in favour and none against, after a seven-hour debate. The major hurdle got cleared after Congress agreed to the passage of the Bill.

The Bill will now be returned to the Lok Sabha for its approval…Read More


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