Budget 2016: Will reach out to Congress over GST bill, says Arun Jaitley
As far as GST is concerned, every political party claims to be in favour of it. The Congress party had put some conditions. I think one condition still remains there, said Jaitley.
Government will reach out to the Congress in the current session of Parliament to resolve the deadlock over the GST bill, Finance Minister Arun Jaitley said on Monday.
"As far as GST is concerned, every political party claims to be in favour of it. The Congress party had put some conditions. I think one condition still remains there. I will try to talk to them in the remaining of the Budget session of Parliament, and try to move ahead with the GST bill", Jaitley said in a post budget Hackathon.
Jaitley said the proposed Goods and Services Tax (GST) is the need of the hour and it has the capability to strengthen the Indian economy.
"It is simple, will help in expansion of revenue, states will get benefit out of it, business will have ease and it will facilitate seamless transfer of goods and services.
"GST will help in making the whole country in one single market, it means one-sixth of world market is one market. You won't get a bigger market than this elsewhere", Jaitley said.