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Nitish Kumar seconds Arun Jaitley on GST push for real estate

Bihar was among the first states to have raised a demand for GST, says state CM

Satyavrat Mishra  |  Patna 

Nitish Kumar, Rashtrapati Bhawan, Durbar Hall
Bihar Chief Minister Nitish Kumar

Bihar Chief Minister has endorsed Union Finance Minister Arun Jaitley's "push" for bringing the real-estate sector under the ambit of the (GST).

Nitish said Bihar was among the first states to have raised this demand at a Council meeting. "We have always supported the and other measures that targeted holders. In fact, Bihar was among the first states to have raised such a demand," Kumar, flanked by deputy chief minister Sushil Modi, told reporters on the sidelines of his weekly "Lok Samvad" on Monday. Sushil Kumar Modi, Bihar's finance minister, is a member of a technical committee on the

Jaitley, while delivering the "Annual Mahindra Lecture" on India's tax reform at the Harvard University, said that the was one sector that has witnessed maximum and cash generation. "The one sector in India where the maximum amount of and cash generation takes place is which is still outside the Some of the states have been pressing for it. I personally believe that there is a strong case to bring into the GST," said the FM.

The matter is scheduled to be taken up in the council's meeting in Guwahati next month. As per the central government's data, the Indian market is set to touch $180 billion by 2020.

First Published: Mon, October 16 2017. 19:30 IST