GST Bill: What Sachin Tendulkar, Anand Mahindra, others said on Twitter
The Government of India is likely to pass the much-talked about Goods and Services Tax Bill (GST) in Rajya Sabha (Upper House of Indian Parliament) on Wednesday and we managed to get hold of reactions of people from various professions right from cricket, business, writing to politics.
The GST Bill was introduced into the Lok Sabha (Lower House of Indian Parliament) by the Congress political party in December 2014 and was passed in the Lower House in May 2015.
The GST Bill was stuck in the Rajya Sabha for long time due to opposition from the Congress party on additional 1% cap on manufacturing sector.
Since last few weeks, the ruling BJP government had a discussion with Congress party on GST and both parties have come to the consensus to pass the bill.
GST Bill once implemented will create one single tax into the country and will replace all state-level indirect tax levies such as excise tax, value added tax (VAT), octroi, service tax, etc.,
If all goes well, the country is likely to see passage of landmark GST Bill which will bring single tax into the nation.
Here are reactions of some renowned people who posted their views on GST Bill on Twitter:
Former cricketer Sachin Tendulkar has said, "One nation one tax, making #GST a reality is just a matter of time! Look forward to #GST delivering the benefits."
— sachin tendulkar (@sachin_rt) August 2, 2016
Mahindra and Mahindra Group chairman and managing director Anand Mahindra has said on the micro-blogging website, "Without GST,India won't harness its own 'common market.'We've been in
BREXIT mode without knowing it!Praying for smooth passage of the bill."
Without GST,India won't harness its own 'common market.'We've been in BREXIT mode without knowing it!Praying for smooth passage of the bill
— anand mahindra (@anandmahindra) August 1, 2016
JSW Group chairman and managing director Sajjan Jindal has said on Twitter,"As #GST enters the last mile,all political parties must be congratulated 4 what will be a landmark event in #India's economic reform process."
— Sajjan Jindal (@sajjanjindal59) August 1, 2016
Rajeev Chandrasekhar a member of parliament in the Rajya Sabha has said on Twitter," Day2,wk3 - Constitutional Amndmnt for GST finally in Parl for debate n passing! All the best to all of us! #TransformingIndia."
Day2,wk3 - Constitutional Amndmnt for GST finally in Parl for debate n passing! All the best to all of us! #TransformingIndia
— Rajeev Chandrasekhar (@rajeev_mp) August 3, 2016
Union Minister of State for Minority Affairs and Parliamentary Affairs Mukhtar Abbas Naqvi has tweeted as saying,"GST will proved to be a "milestone" in ensuring “corruption-free & development oriented” economy. Historic day for Rajya Sabha today...."
GST will proved to be a "milestone" in ensuring “corruption-free & development oriented” economy. Historic day for Rajya Sabha today....
— Mukhtar Abbas Naqvi (@naqvimukhtar) August 3, 2016
Sharad Yadav a member of parliament in Rajya Sabha and chairman of Parliamentary Standing Committee on Industry has said on the site, "I support GST but most of d people are not aware as to what will be d benefits to consumers after its enactment. Govt should publicise."
I support GST but most of d people are not aware as to what will be d benefits to consumers after its enactment. Govt should publicize.
— SHARAD YADAV (@SharadYadavMP) August 2, 2016
Famous author and columnist Chetan Bhagat has said, "No wonder the GST bill issue is finally getting resolved."
No wonder the GST bill issue is finally getting resolved. https://t.co/3gl8e0rIhQ
— Chetan Bhagat (@chetan_bhagat) July 29, 2016
Business association Confederation of Indian Industry (CII) has said on the site,"The ambitious #GST Bill proposed in Rajya Sabha will be the biggest change in the country’s tax structure since 1947."
— CII (@FollowCII) August 3, 2016
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.