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India at the midnight hour, embraced the biggest tax reform in its history— Goods and Services Tax (GST). It was a congregation of leaders from the ruling government with dignitaries and representatives from Opposition in Parliament, which was turned into a bright beacon for the midnight session, held for the GST roll out.

The session was started after the top dignitaries reached Parliament including Lok Sabha Speaker Sumitra Mahajan, Vice-Presidet Hamid Ansari, Prime Minister Narendra Modi and the man of the hour – Finance Minister Arun Jaitley.

The session commenced with a speech by Arun Jaitley where he said that GST is an important achievement for the whole country. While addressing the session he also said that even though the GST will be a destination tax, but it will start a new journey for India.

Pointing out a few pros of GST, Arun Jaitley said, “While enacting the GST, neither the State nor the Centre loses its sovereignty.” He also congratulated all the other political party for the GST session by saying, “All MPs, state govts, state FMs, political parties deserve to be appreciated for the midnight GST launch.”

Following the address by the Finance Minister, PM Modi took to stage thanking all the parties for their combined efforts in bringing GST live. He said, “GST is result of combined efforts of all political parties”.

Calling out to all the traders, PM said that GST is not only the ease of doing business but the way of doing business.

While recalling the Constitutional Assembly’s first meeting, PM Modi also remembered the icons of the country — Pandit Nehru, Azad and Sardar Patel.

He also said that this place (Parliament) has been witness to the night of 14th August 1947 when the country embraced Independence.

First Published | 1 July 2017 12:07 AM
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Web Title: GST Midnight Session: PM and FM hail political parties in bringing GST to life

(Latest News in English from Newsx)