Congress Vice President Rahul Gandhi met Leader of the party in Lok Sabha Mallikarjun Kharge, former Finance Minister P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others, in Parliament House and discussed various points regarding the key tax reform legislation.
Congress sources said Gandhi will hold another round of discussion on the issue after which Sharma will meet Finance Minister Arun Jaitley to put across the party's point of view.
Another top Congress leader said the draft bill has just been circulated and the party leaders will react only after studying it in detail. "The draft of the bill has just come and let us study it first," the Congress leader said.
There were strong indications that the most far-reaching taxation reform in independent India would be supported by Congress and all other major political parties.
The government has said talks are on with major political parties to build a consensus on the measure before it is taken up for consideration and passage in the Rajya Sabha tomorrow.
At the BJP meet, Jaitley also briefed the MPs about the bill.
The Goods and Services Tax (GST) Bill, which has been in the making for over a decade, entails introduction of a single indirect tax regime across the country.
According to top government sources, a fresh round of talks will be held today with the main opposition Congress.
He had also met CPI(M) general secretary Sitaram Yechury, besides some other leaders. Later, along with Anant Kumar, he met Lok Sabha Speaker Sumitra Mahajan.
The government, the sources say, is keen to bring about four key amendments in the Constitution Amendment Bill which will include the scrapping of 1 per cent additional tax provision and grant of more powers to states for providing them full compensation for a period of five years.
The key Congress demand for rephrasing of the language for setting up of dispute resolution mechanism in the GST Council has also been agreed to by the government.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
