Govt very close to a solution on GST issue: Sitharaman

Written By Unknown on Jumat, 31 Oktober 2014 | 20.07

Commerce Minister Nirmala Sitharaman said the government is also likely to bring amendments to the Land Acquisition Act in the Winter session of Parliament

Commerce Minister Nirmala Sitharaman said the idea of Jan Dhan Yojana is to reach as many households as possible.

In an interaction with CNBC-TV18, the commerce minister said the government is 'very close to a solution on the GST (Goods and Services Tax) matter'. She said the Constitutional Amendment Bill can be tabled in the next session of Parliament.

The government is also likely to bring amendments to the Land Acquisition Act in the Winter session of Parliament, Sitharaman added.

"Work is going on to see how best it can be made more user-friendly. I am clear that sooner there would be something happening, ideally which means Winter Session because we do not want major projects to suffer waiting for this amendment, waiting for this change," she told CNBC-TV18.

She further said the amendments would look into making the acquisition process easier without touching on the compensation clause.


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