7 more changes in GST-related bill?

New Delhi: The Lok Sabha will consider on Monday seven major changes made by the Rajya Sabha on Thursday while clearing the Constitution amendment bill relating to the Goods and Services Tax (GST) by a huge consensus.

The Bill had been passed by the Lok Sabha in 2014 but it was hanging in the Rajya Sabha all this time due to differences until the government came forward last week to consent some of the changes suggested by the Congress.

Amendments made by the Rajya Sabha in seven clauses will have to be passed by the Lok Sabha before the Bill goes to the state legislatures for approval to help the government move further to bring specific GST Bills for implementing the new tax encompassing all existing central and state indirect taxes from April 1.

One of the changes listed for approval by the Lok Sabha is to rename Constitution (122nd Amendment) Bill, 2014 as the Constitution (101st Amendment) Act, 2016.

One of the changes brought by the government in the Rajya Sabha on its own and not on the Opposition”s demand relates to not putting the entire tax collected in the consolidated fund of India so as to enable the Centre transfer part of it to the state concerned and vice versa. All other changes are based on the Congress demands.

The Lok Sabha may similarly consider next week amendments as made by the Rajya Sabha in the Enemy Property Bill as already passed by it after the Rajya Sabha clears it next week as recommended by its select committee.

Other key bills listed in the Lok Sabha in the next week, the last in the monsoon session, include the Transgender Persons (Protection of Rights) Bill, Central Agriculture University Bill and the High Courts Bill to change names of Bombay and Calcutta High Courts. All these Bills are also listed for consideration by the Rajya Sabha next week after they are passed by the Lok Sabha.

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