GST by mid 2016, says Jaitley

December 30, 2015 18:18

Just in: GST may be implemented by mid 2016, says Union Finance Minister Arun Jaitley.

Rolling out the ambitious GST regime is "certainly" doable in 2016, the Finance Minister said, adding that he is in "continuous touch" with the Congress party in a bid to persuade them to cooperate.

"I hope that in the next session (of Parliament), the GST (Goods and Services Tax) will make headway," he said. "After all, it was a Bill brought by them (Congress). For political reasons, they have done a volte-face but they should not be doing it indefinitely," Jaitley.

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