GST Bill debate LIVE: Lok Sabha passes all four Bills

GST Bill: Arun Jaitley says GST will end Tax terrorism, Congress says one-nation, one-tax is a myth

7:21 PM

Finance Bill | Of the five opposition amendments, three were moved by the Congress member Digvijaya Singh and two by Sitaram Yechury of CPI(M). The amendments were adopted with a significant margin, with the difference of votes ranging between 27 and 34 votes

7:14 PM

Finance Bill | Five amendments moved by the opposition to the Bill 2017 were adopted before the House approved the measure

7:02 PM

Finance Bill | If one does not have an Aadhaar, one can produce other ID and simultaneously apply for it

6:58 PM

Finance Bill | "Under section 132, a satisfaction note must be submitted to search and entering premise and that has to be submitted in the court," Jaitley said while notifying that the Finance Bill protects the source of information for tax evasion.

6:56 PM

The Rajya Sabha passed the Finance Bill after various amendments presented by Union Finance Minister Arun Jaitley

6:51 PM

Lok Sabha agrees to extend sitting upto passing of the GST Bill.

6:47 PM

Finance Bill | Responding to Opposition's fears that linking income tax returns and bank accounts with Aadhaar may result in hacking, Arun Jaitley on that the fear of technology being susceptible to misuse does not mean we should not use it.

"If firewalls can be broken, and hacking can be done, it will be done whether Aadhaar is there or not. Don't say it is due to Aadhaar," Jaitley said.

6:13 PM

GST Bill debate | CPI-M leader Mohammed Salim sought to know the steps the government has taken to address regional imbalances through GST Bill. He asked, "We want to know whether our underdeveloped regions are a part of the 'New India' that our Prime Minister has been talking about. Already, agriculture in our country is suffering. Our polices have been industry-centric, corporate-centric but never agriculture-centric."

 

5:59 PM

GST Bill debate | Rashtriya Lok Samata Party's Ram Kumar Sharma Khushwaha asks government to bring petroleum under the ambit of GST

5:52 PM

GST Bill debate | Saugata Roy, member of All India Trinamool Congress, West Benal said, "GST will bring down inefficiency in supply chains due to savings on transport, warehousing and inventories."

5:48 PM

Currently, Railway Appropriation Bills are being discussed

5:47 PM

Discussion on Aadhaar will be taken up in Rajya Sabha tomorrow. 

5:46 PM

GST Bill debate | Speaker moves Motion that the Bill with amendments should be returned. The Motion has been accepted 

5:42 PM

No info about the impact of GST on real estate sector, says Govt

5:35 PM

There is no information available with the Ministry of Housing and Urban Poverty Alleviation about the impact of GST on the prices in the real estate sector, the government said.