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Punjab Assembly passes GST Bill unanimously

Press Trust of India  |  Chandigarh 

The State Goods and Services (GST) Bill, 2017, was passed unanimously by the here today.

Minister Manpreet Singh Badal introduced the Bill in the House.



Before the Bill was passed, former minister and SAD leader Parminder Singh Dhindsa, leader Kanwar Sandhu and Som Prakash spoke on it.

Sandhu expressed concerns related to an increase in the price of agriculture inputs and equipment under the regime because of "high" rates.

The legislator also said that Punjabi cinema will be hit after the rollout. He soughht to know whether states will lose financial autonomy with the coming into force.

Dhindsa wanted zero rate on agriculture inputs emphasising that if it was not done, farmers would suffer.

Earlier in the day, the cabinet at its meeting chaired by Chief Minister Capt Amarinder Singh, had approved a proposal for amending the Municipal Fund Act, 2006 and the Municipal Infrastructure Development Fund Act, 2011 to pave way for the implementation of the State Goods and Service Bill, 2017.

Neighbouring Haryana had passed its Bill last month.

On May 4, the Haryana State Bill was passed unanimously by its state Assembly, in special one-day session.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Punjab Assembly passes GST Bill unanimously

The Punjab State Goods and Services Tax (GST) Bill, 2017, was passed unanimously by the state Assembly here today. Finance Minister Manpreet Singh Badal introduced the Bill in the House. Before the Bill was passed, former finance minister and SAD leader Parminder Singh Dhindsa, AAP leader Kanwar Sandhu and BJP MLA Som Prakash spoke on it. Sandhu expressed concerns related to an increase in the price of agriculture inputs and equipment under the GST regime because of "high" tax rates. The AAP legislator also said that Punjabi cinema will be hit after the GST rollout. He soughht to know whether states will lose financial autonomy with the GST coming into force. Dhindsa wanted zero tax rate on agriculture inputs emphasising that if it was not done, Punjab farmers would suffer. Earlier in the day, the Punjab cabinet at its meeting chaired by Chief Minister Capt Amarinder Singh, had approved a proposal for amending the Punjab Municipal Fund Act, 2006 and the Punjab Municipal ... The State Goods and Services (GST) Bill, 2017, was passed unanimously by the here today.

Minister Manpreet Singh Badal introduced the Bill in the House.

Before the Bill was passed, former minister and SAD leader Parminder Singh Dhindsa, leader Kanwar Sandhu and Som Prakash spoke on it.

Sandhu expressed concerns related to an increase in the price of agriculture inputs and equipment under the regime because of "high" rates.

The legislator also said that Punjabi cinema will be hit after the rollout. He soughht to know whether states will lose financial autonomy with the coming into force.

Dhindsa wanted zero rate on agriculture inputs emphasising that if it was not done, farmers would suffer.

Earlier in the day, the cabinet at its meeting chaired by Chief Minister Capt Amarinder Singh, had approved a proposal for amending the Municipal Fund Act, 2006 and the Municipal Infrastructure Development Fund Act, 2011 to pave way for the implementation of the State Goods and Service Bill, 2017.

Neighbouring Haryana had passed its Bill last month.

On May 4, the Haryana State Bill was passed unanimously by its state Assembly, in special one-day session.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Punjab Assembly passes GST Bill unanimously

The State Goods and Services (GST) Bill, 2017, was passed unanimously by the here today.

Minister Manpreet Singh Badal introduced the Bill in the House.

Before the Bill was passed, former minister and SAD leader Parminder Singh Dhindsa, leader Kanwar Sandhu and Som Prakash spoke on it.

Sandhu expressed concerns related to an increase in the price of agriculture inputs and equipment under the regime because of "high" rates.

The legislator also said that Punjabi cinema will be hit after the rollout. He soughht to know whether states will lose financial autonomy with the coming into force.

Dhindsa wanted zero rate on agriculture inputs emphasising that if it was not done, farmers would suffer.

Earlier in the day, the cabinet at its meeting chaired by Chief Minister Capt Amarinder Singh, had approved a proposal for amending the Municipal Fund Act, 2006 and the Municipal Infrastructure Development Fund Act, 2011 to pave way for the implementation of the State Goods and Service Bill, 2017.

Neighbouring Haryana had passed its Bill last month.

On May 4, the Haryana State Bill was passed unanimously by its state Assembly, in special one-day session.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22